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प्रश्न
Giving example, explain the following accounting term:
Fixed assets
संक्षेप में उत्तर
उत्तर
Fixed assets- These are held for long term and increase the profit earning capacity of the business, over various accounting periods.
These assets are not meant for sale; for example, land, building, machinery, etc.
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Basic Terms in Accounting
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Introduction to Accounting - Questions for practice [पृष्ठ २१]
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संबंधित प्रश्न
Give any three examples of revenues
Distinguish between debtors and creditors; Profit and Gain
Giving example, explain the following accounting term:
Revenue
Giving example, explain the following accounting term:
Expenses
Giving example, explain the following accounting term:
Short-term liability
Giving example, explain the following accounting term:
Capital
Define revenues and expenses?
Explain the meaning of gain and profit. Distinguish between these two term
