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  5. Financial Statement Of Company

12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    A company took a loan of Rs. 1,00,000 and paid interest of Rs. 10,000 for this year @ 10% on loan amount. This interest will be shown under............ head.

    A) finance cost

    B) employee benefit expense

    C) revenue from operation

    D) None of the above

    Correct Answer: A

    Solution :

    [a] finance cost


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