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Accounting-Mcqs

When obligation is not probable or amount expected to be paid to settle liability cannot be measured with sufficient reliability, it is called

Contingent liability Provision Secured loan None of the above

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Accounting Mcqs

Accounting Mcqs

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This Chapter Accounting-Mcqs consists of the following topics

The installation expenses for a new machinery will be debited to

When obligation is not probable or amount expected to be paid to settle liability cannot be measured with sufficient reliability, it is called

A Trial Balance contains the balances of

When obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with sufficient reliability

it is called

Accounting Mcqs

Accounting