Home » In dealing with incomplete record, fixed assets are posted to__-

In dealing with incomplete record, fixed assets are posted to__-

In dealing with incomplete record, fixed assets are posted to__-

  • A.
    Profit and loss account as brought forward figure
  • B.
    Closing balance sheet as carried forward figure
  • C.
    Closing balance sheet as brought forward figure
  • D.
    Profit and loss as carried forward figure
Correct Answer: Option C
Explanation

fixed asset are brought forward in closing balance sheet