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URGENT, please help me with correct answers these answers im not sure about them, i just clicked them not sure about the right answers Question
URGENT, please help me with correct answers these answers im not sure about them, i just clicked them not sure about the right answers
Question 17 of 27 2.0 Points Which one of the following would be classified as a current asset for a furniture retailer? A. Bank overdraft. B. Property. C. Shop fittings. D. Delivery vehicles. E. Furniture held for resale. Reset Selection Question 18 of 27 2.0 Points Which one of the following statements is false in relation to the statement of profit or loss and other comprehensive income? . A. Depreciation is disclosed as an operating expense. B. Revenue represents sales made by the business to its customers. . C. Profit calculated in this statement is transferred to the capital account. D. Gross profit is income before deducting operating expenses. E. Profit reflects expenses that exceed income. Reset SelectionStep by Step Solution
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