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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 47: Single Entry System and Profit Calculation
  5. Question
    Entrance Fee, Unless Otherwise Stated, Is Treated As-
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Entrance Fee, Unless Otherwise Stated, Is Treated As-

Question 7

Question 7

Multiple Choice

Entrance fee, unless otherwise stated, is treated as-


A) Revenue Receipts
B) Capital Receipts
C) Liability
D) None of these

Correct Answer:

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