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word Net Assets used in sentences



 
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What part of speech is the word to? | meaning of 'Bring out'
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word Net Assets used in sentences #1 (permalink) Mon Mar 24, 2008 3:45 am   word Net Assets used in sentences
 

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", question 4

All ......... increase with a debit entry and decrease with a credit entry.

(a) advantages
(b) associates
(c) assets
(d) assurances

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", answer 4

All assets increase with a debit entry and decrease with a credit entry.

Correct answer: (c) assets
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word Net Assets used in sentences?

Luqman
Luqman
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word Net Assets used in sentences #2 (permalink) Mon Mar 24, 2008 9:20 am   word Net Assets used in sentences
 

Hi,

'Net' describes assets or profits that are as it were 'pure' because the tax or expenses involved have been removed or taken into account.

Alan
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