A. is due for payment
B. is a Profit and Loss Account item
C. is a Trading Account item
D. is to be paid within the next year
E. must appear in the balance sheet
Correct Answer:
Option A – is due for payment
A. is due for payment
B. is a Profit and Loss Account item
C. is a Trading Account item
D. is to be paid within the next year
E. must appear in the balance sheet
Correct Answer:
Option A – is due for payment
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