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  9. Q3
Question 3

Which of the following is not a form of business asset?

  • A.Deposit account in bank
  • B.Interest due on loan
  • C.Five acres of land
  • D.Library books owned by a lawyer
Objective

Question details

Exam body
OAU
Subject
Financial Accounting
Year
2012/2013
Question no.
#3
Type
Objective
Previous · Q2Which accounting concept states that revenues and expenses are recognized as… Next · Q4 The primary or initial documents used to record or capture business transactions…

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