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Interest on loans is ______. - Accounts

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Question

Interest on loans is ______.

Options

  • Direct expenses

  • Indirect expenses

  • Operating expenses

  • None of the above

MCQ
Fill in the Blanks
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Solution

Interest on loans is indirect expenses.

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Chapter 11: Tools for Financial Analysis : Comparative Statements - OBJECTIVE TYPE QUESTIONS [Page 11.45]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 11 Tools for Financial Analysis : Comparative Statements
OBJECTIVE TYPE QUESTIONS | Q A. 21. | Page 11.45
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