If a business purchases machinery for Rs 30 000 on 31st January-13050
If a business purchases machinery for Rs. 30,000 on 31st January 2008 having life of 10 years, this expense 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.5.
If a business purchases machinery for Rs. 30,000 on 31st January 2008 having life of 10 years, this expense will be realized __________ under the concept of accrual accounting.
For the year 2008 only
For the last day of 10th year only
Over 10 years
Nothing can be said about it
