FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Nn.113.
Subject :- Accounting
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- Which one of the following expenses is exempt from the payment of GST? i. Freight inwards ii. interest expense iii. Salary & wages iv. Electricity expense v. Freight outwards Ⓒa. i&ii b. ii & iii Oc i& v Ⓒd. iii, iv & v Ⓒ e. ii, iii & v Darrow_forwardDescribe presentation and disclosure regarding revenue.arrow_forwardPrior (Past) service cost is expensed immediately using a. U.S. GAAP. b. IFRS. c. Both U.S. GAAP and IFRS. d. Neither U.S. GAAP nor IFRS.arrow_forward
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