Current years depreciation charge relating to Equipment used for designing products should be included as an expense

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Current year’s depreciation charge relating to Equipment used for designing products should be included as an expense in the current year’s Statement of income, within which of the headings listed below?

(a) Within Administrative expenses

(b) Within Distribution cost

(c) Within Cost of sales

(d) Within Other operating expenses

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Related Book For  book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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