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    Question

    Select the type of assets against the items given

    below. (i) Goodwill (ii) Bills Receivable (iii) Preliminary Expenses (iv) Land & Building A. (i) Tangible asset (ii) Current asset (iii) Fictitious Asset (iv) Fixed assets B. (i) Intangible asset (ii) Current asset (iii) Current Asset (iv) Fixed assets C. (i) Intangible asset (ii) Current asset (iii) Fictitious Asset (iv) Fixed assets D. (i) Current asset (ii) Current asset (iii) Fictitious Asset (iv) Fixed assets
    A A Correct Answer Incorrect Answer
    B B Correct Answer Incorrect Answer
    C C Correct Answer Incorrect Answer
    D D Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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