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In the balance sheet of a company, where is the asset displayed?

16. In the balance sheet of a company, where is the asset displayed?

1. Assets
2. Revaluation Reserve
3. Replacement Cost
4. Unexpired Cost

Answer: D) Unexpired Cost

Explanation:

Unexpired costs are the cost of the resources which isn't yet moving into pay articulation however remain in asset report in the type of lingering esteem. In business activity, the expense brings about the need to give future advantages to the organization. If the expense and advantage are caused in a similar bookkeeping period, the expense will be recorded into the pay proclamation. On the off chance that the organization does not yet use the advantage, the expense will be recorded on the accounting report as the resources like fixed resources.