The assets which have some market value are called ____________?

Related Mcqs:

The amount invested by the proprietor to start the business is called:

A. Capital B. Business C. Drawings D. All of them...

Cash discount is provided on _______________?

A. Purchases B. Prompt payment C. Sales D. Sales return...

Building and furniture are called ____________?

A. Current asset B. Fictitious asset C. Tangible asset D. Fixed assets...

For the business, capital is ____________?

A. Expense B. Liability C. Assets D. All of them...

When owner withdraw cash for its private use, it is called ___________?

A. Profit B. Income C. Expense D. Drawing...