Wages paid in connection with installation of an asset is :
ACapital expenditure
BDeferred revenue expense
CRevenue expense
DNone of the above
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Revenue received from the sale of goods is treated as an earth ings during the period in which
A, B and C are partners sharing profits and losses in the ratio of 3:2:1 C retire from the firm and A and B decides to share profits in the ratio of 5:3 .What will be the gaining ratio?
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