Accountancy, asked by tanishthakur6403, 9 months ago

Does books purchased considered as an assest or what?
What is the nature of petty incomein accountancy?

Answers

Answered by omasati2004
15

Answer:

Purchase of books is not a fixed asset. Petty income refers to the small amount or coins in the accounting. It is mostly used for current assets like transportation expenses, wages,etc.

Hope it will help you

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Answered by sanandanupadhayah
0

Answer:

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