Preliminary expenses is an example of
...Preliminary expenses is an example of
Fictitious assets
Liquid assets
Wasting assets
Tangible assets
Correct answer is A
Preliminary expenses are just like other asset but are unrealizable.
In the absence of a sales day book or sales account the credit for sales can be computed from ...
A low current ratio in business indicates that the business is ...
Prepaid rent of N650 had been recorded as N560. This is an error of ...
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