Challenger App

No.1 PSC Learning App

1M+ Downloads
Amount paid for purchase of land, building, plant, furniture, vehicles, goodwill, patent right, trademark, copy right, mines and oil wells, plantation expenses, etc are called ____________

ACapital

BRevenue

CAsset

DInvestment

Answer:

A. Capital


Related Questions:

The costing method in which each job is treated as a cost unit to which all costs are assigned is :
Amount received by the sale of fixed assets or investments by way of loans and by way of capital are termed as _________
Bad debts account is a ............. account.
A Saving Bank Account become inoperative after _______
The certificate issued by the Notary public on behalf of a dishonoured bill is known as..............