Capital expenses are shown in___________??
A. Balance Sheet
B. Profit and Loss A/c
C. Trading A/c
D. None of these
A. Balance Sheet
B. Profit and Loss A/c
C. Trading A/c
D. None of these
A. Lump sum
B. Prompt
C. Actual
D. None of them
A. Scrap value
B. Residual value
C. Market value
D. Depreciable value
A. Recording
B. Transferring
C. Posting
D. Entry making
A. Crane hours
B. Crane value
C. Truck Mileage
D. Truck value
A. Receipts
B. Payments
C. Income
D. Expense
A. Prime cost
B. Explicit cost
C. Job order cost
D. Conversion cost
A. Capital
B. Absorbed capital
C. Net assets
D. Net working capital
A. Uncontrollable cost
B. Sunk cost
C. Avoidable cost
D. Opportunity cost
A. No error in recording transactions
B. No error in posting entries to ledger accounts
C. Account balances are correct
D. Mathematically Capital Liabilities=Assets