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easyMCQCUET Accountancy 2025 30 May Shift 12026Accountancy
1 mark

For a non-finance company, the items included under "Revenue from Operations" in the statement of profit and loss do NOT include:

  1. A
    Sale of products
  2. B
    Interest income
  3. C
    Sale of services
  4. D
    Other operating revenues

Solution & Step-by-step Explanation

For a non-finance company, the core business involves manufacturing, trading, or rendering services. Therefore, earnings like Interest income are considered non-operating incidental revenues and are listed under "Other Income", whereas for a finance company, interest income constitutes primary Revenue from Operations.

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For a non-finance company, the items included under "Revenue from Operations" in the statement of profit and loss do NOT include:
A
Sale of products
B
Interest income
C
Sale of services
D
Other operating revenues

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