Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 22, 2024

Which of the following is not an item of revenue expenditure? A. O Interest on deposits accepted B.Annual insurance premium on inventory c.Customs duty paid

Which of the following is not an item of revenue expenditure? A. O Interest on deposits accepted B.Annual insurance premium on inventory c.Customs duty paid in connection with the import of equipment D.Repairs and maintenance on machinery

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Accounting The Managerial Chapters

Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

11th Global Edition

1292105879, 978-1292105871

More Books

Students also viewed these Accounting questions

Question

★★★★★

Braddock Inc. had the following long-term receivable account balances at December 31, 2016. Note receivable from sale of division......................$1,500,000 Note receivable from...

Answered: 1 week ago

Question

★★★★★

An aqueous solution with a density of 1040 kg/m 3 and a viscosity of 1.25 mPa-s is sprayed above the top of a column packed with 2.5 x 2.5 cm Raschig rings. The liquid flow rate is 4,500 kg/m 2 . h....

Answered: 1 week ago

Question

★★★★★

For a specific area, the probability that it is hit by a typhoon during a year is 0.02. For the same period, the probability that the area suffers severe damage due to excessive rain is 0.05, while...

Answered: 1 week ago

Question

★★★★★

Wendy's Wind Toys manufactures decorative kites, banners, and windsocks. During the month of January, Wendy received orders for 3,000 Valentine's Day banners and 1,200 Easter kites. Because several...

Answered: 1 week ago

Question

★★★★★

please dont use chat gpt or other AI 4 5 5 .

Answered: 1 week ago

Question

★★★★★

Answer A-D Matthias Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. 2019 Matthias Medical...

Answered: 1 week ago

Question

★★★★★

Write down the Limitation of Beer - Lamberts law?

Answered: 1 week ago

Question

★★★★★

Discuss the Hawthorne experiments in detail

Answered: 1 week ago

Question

★★★★★

Explain the characteristics of a good system of control

Answered: 1 week ago

Question

★★★★★

State the importance of control

Answered: 1 week ago

Question

★★★★★

What are the barriers to effective communication? What measures do you suggest to overcome them?

Answered: 1 week ago

Question

★★★★★

You are offered a great job, but you have to relocate to a distant city. Your family agrees that the decision is yours to make, but you know they do not want to move. What do you do?

Answered: 1 week ago

Question

★★★★★

Your personal relationships: Are you closely connected to your family? Who are your friends?

Answered: 1 week ago

Question

★★★★★

3. When asked for advice for future entrepreneurs, Vickie Stringer said, Be patient, allow room for growth, build your company on a strong accounting system, and as always, dare to dream. How does...

Answered: 1 week ago

Previous Question Next Question