If a business purchase machinery for rs 30000 on 31 january 2008-12864
If a business purchase machinery for rs 30000 on 31 january 2008 having life of 8 years,this expenses will be realized under the concept of accrual accounting
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.15.
If a business purchase machinery for rs 30000 on 31 january 2008 having life of 8 years,this expenses will be realized under the concept of accrual accounting
for the year 2008 only
for the last day of 10th year only
over 10 year
nothing can be said about it