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
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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