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Commerce · Q2181

Accounting

Graduate and Post Graduate · Commerce · question 2181

Q2181

Which of the following items will not be included in Income and Expenditure Account of a club:

A.
Sale of old news papers
B.
Loss on the sale of an asset
C.
Payment of honorarium
D.
Amount of sale of furniture
Answer

Answer: Option D

Solution

Answer: Option D
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