commerce quiz

The debt which are payable within a year are known as

• Long term

• Contingent liabilities

• Fixed liabilities

• Current liabilities

Patent, trademark etc. are

• Current assets

• Fixed assets

• Tangible assets

• Intangible assets

Assets that can be converted into cash within a year are called

• Fixed assets

• Stock

• Bill's payable

• Current assets

The long term assets of the company is called

• Fixed assets

• Current assets

• Default assets

• Doubtful assets

What is this ?

• Cheque book

• Passbook

• Cash book

• Debit note