Closing stock and sundry debtors are examples of:Question 2Answera.None of the aboveb.Current assetsc.Fixed assetsd.Fictitious assets
Question
Solution 1
The answer is b. Current assets.
Step by step explanation:
Closing stock: This refers to the inventory that a business has left at the end of the financial year. It is considered a current asset because it can be easily converted into cash within one year.
Sundry debtors: These are the cus Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Closing stock and sundry debtors are examples of:Question 2Answera.None of the aboveb.Current assetsc.Fixed assetsd.Fictitious assets
Closing stock and sundry debtors are examples of:Question 4Answera.Fixed assetsb.Fictitious assetsc.Current assetsd.None of the above
LIRN and JSTOR are examples of:Question 13Answera.Course Codesb.Student Organizationsc.Library Databasesd.Scholarship Opportunities
Assets held for investment and personal use assets are examples of capital assets.
LIRN and JSTOR are examples of:Question 7Answera.Course Codesb.Student Organizationsc.Library Databasesd.Scholarship Opportunities