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Financial and Management Accounting

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1: Following expenses are not shown in Profit & Loss Account 1. Domestic and household expenses 2. Interest on capital 3. Income tax 4. Life insurance premium Select the correct answer using the codes given below :
A.

1,2 and 3
B.

2,3 and 4
C.

1,3 and 4
D.

1 and 4
 

Answer : C

Explanation :

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Option: A

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