Peter's accounts includes the following expenses. Select which TWO of the following costs are NOT allowable in
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Question:
Peter's accounts includes the following expenses. Select which TWO of the following costs are NOT allowable in calculating his taxadjusted trading profit.
i
Fees incurred in the recovery of a trade bad debt
ii
Legal fees of a successful appeal against a tax assessment
iii
Staff Christmas party
iv
Fees for preparation of the annual accounts
v
Goods from the business for use in his own home
Related Book For
Fundamentals Of Electric Circuits
ISBN: 9780073301150
3rd Edition
Authors: Matthew Sadiku, Charles Alexander
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