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Commerce · Q1765

Accounting

Graduate and Post Graduate · Commerce · question 1765

Q1765

Which of the following expenditure is of capital nature:

A.
Postage on mailing of Share Certificates
B.
Payment of Underwriting Commission on issue of Shares
Answer
C.
Bank charges for payment of dividend warrants
D.
Expenses on printing of Annual Report

Answer: Option B

Solution

Answer: Option B
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