Financial and Management Accounting

1: Match List I with List II and select the correct answer using the codes given below the lists:     List I                                                                                        List  II a. Heavy amount of premium on redemption of            1. Capital expenditure     preference shares b. Excess of sale proceeds of fixed                                 2. Deferred revenue expenditure     assets over their original cost c. Cost of  installation of an old machine                       3. Capital gain d. Freight paid on purchase of raw material                 4. Revenue expenditure
A.
a  b  c  d
2  3  4  1
B.
a  b  c  d
3  2  4  1
C.
a  b  c  d
2  3  1  4
D.
a  b  c  d
3   2  1  4
 

Answer : C

Explanation :

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Option: A

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