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Commerce · Q211

Accounting

Graduate and Post Graduate · Commerce · question 211

Q211

What type of expenses are paid out of Gross Profit?

A.
General expenses
B.
Financial expenses
C.
Selling expenses
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
General expenses, Financial expenses and Selling expenses are paid out of Gross Profit.