Vidyalelo
Commerce · Q2345

Accounting

Graduate and Post Graduate · Commerce · question 2345

Q2345

Income tax deducted from interest paid on debenture is shown in

A.
Asset side of balance sheet
B.
Liabilities side of balance sheet
Answer
C.
Credit side of profit and loss account
D.
Debit side of profit and loss account

Answer: Option B

Solution

Answer: Option B
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