A. An Asset in the Balance Sheet
B. A Liability
C. By adjusting it in the P
Related Mcqs:
- Which of the following statements is false ? select the false from below options?
- Closing stock appearing in the Trial Balance is shown in:?
- Which of the following statements best describes the purpose of depreciation??
- Insurance prepaid is shown as:___________??
- Recent developments have made much of a company‘s inventory obsolete. This obsolete inventory should be??
- Arrangement of Balance Sheet in a logical order is known as __________??
- Capital expenses are shown in___________??
- Carriage on goods purchased is shown in:___________??
- The adjustment to be made for income received in advance is:?
- If a company has contingent liabilities, they appear in the__________??
