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Commerce · Q225

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Graduate and Post Graduate · Commerce · question 225

Q225

Which of the following is not a revenue expense?

A.
Cost of raising a loan
B.
Cost of accessories of motor vehicles spent at the time of purchase
Answer
C.
Expenses incurred for laying of sewers on land purchased
D.
Insurance premium paid at the time of registration of the ship

Answer: Option B

Solution

Answer: Option B
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