The following items are typical expenses. Identify the asset or service that is used up. (a) income

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The following items are typical expenses. Identify the asset or service that is used up.

(a) income tax expense

(b) interest expense

(c) cost of goods sold

(d) warranty expense

(e) goodwill amortisation expense

(f) research and development expense (g) life insurance expense (on life of chief executive) (h) superannuation expense (i) rates expense AppendixLO1

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Accounting Theory

ISBN: 9780470818152

7th Edition

Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes

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