cost of assests is always equals to cost of liabilities , what concept is this? A.Matching concept B.Double entry system
Accounts
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21 Answers
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- 02 Jun
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- If there is excess capacity ina production facility, it is likely that the firm's supply curve is
- Pick out the accounts which will be debited and credited for each one of the following transactions.
1.cash received from x and discount allowed to him.
2.cash paid to y and disco received from him
- machinery account shows balance of 60000 on 1st april 2011. machinery sold on 30 sept 2011 for 30000.
dep charge 20% on wdc methd. profit /loss on sale
13200 profit
13200loss
6800profit
6800 loss
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A.