Which of the following will not lead to creation of secret reserve?
A. Undervaluation of closing stock
B. Charging capital expenditure to revenueC. Goods sent on consignment being shown as actual sales
D. Charging higher rates of…
Which of the following is not a revenue expense?
A. Cost of raising a loanB. Cost of accessories of motor vehicles spent at the time of purchase
C. Expenses incurred for laying of sewers on land purchased
D. Insurance premium paid…