Items such as trolleys and cabinets are an example of _______.
Fixed Capital
Working Capital
Items such as trolleys and cabinets are required for long-term use in the business and are an example of fixed capital.
Consider the following statements
1. ‘Kitchen Cabinet’ also known as the Inner Cabinet and has a mention in the Constitution.
2. It consists of the Prime Minister and four senior-most cabinet ministers.
3. It can have members from outside the cabinet.
4. It is also found in countries such as the USA and Britain.
Which of the above is /are Incorrect?
Products made from plastics such as bottles, plates and other household items are economical as compared to steel bottles and plates.
A gift of a trolley with the purchase of an inverter by ABZ Company is an example of: