Question
Which of the following is an example of statutory income? Capital gains from the sale of shares Interest on a bank deposit Salary and wages
Which of the following is an example of statutory income?
| Capital gains from the sale of shares | ||
| Interest on a bank deposit | ||
| Salary and wages | ||
| Ordinary business receipts | ||
| Rent from an investment property |
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
