Accountancy, asked by anulekshmi4197, 9 months ago

Examples to show how wrong classification can affect the ascertainment of profits

Answers

Answered by dchitra10
0

Answer:

1)Expenses incurred in the day - to - day running of the business such as rent, salaries, wages, power, fuel etc. 2)Expenses incurred for upkeep of fixed assets. 3) Depreciation or the expired cost of fixed assets.

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