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Select the Most Appropriate Alternative from Those Given Below and Rewrite the Statements. in the Statement of Profit Or Loss, Interest on Capital is ___________ - Book Keeping and Accountancy

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Question

Select the most appropriate alternative from those given below and rewrite the statement.
In the statement of Profit or Loss, interest on capital is ___________

Options

  • shown as addition

  • shown as subtraction.

  • ignored

  • multiplied

MCQ
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Solution

shown as subtraction

Explaination : In the statement of Profit or Loss, interest on capital is shown as subtraction

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2018-2019 (March) Set 1
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