Q
Which of the following is not a revenue expense?
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A
A. Cost of raising a loan
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B
B. Cost of accessories of motor vehicles spent at the time of purchase
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C
C. Expenses incurred for laying of sewers on land purchased
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D
D. Insurance premium paid at the time of registration of the ship
Correct Answer:
B. B. Cost of accessories of motor vehicles spent at the time of purchase
