Discussion Forum : Nabard & Other Bank Examinations
Question -
When making repayments on a lease, the profit and loss account will contain which items relevant to the lease?
Answer: Option D
WHEN MAKING REPAYMENTS ON A LEASE, THE PROFIT AND LOSS ACCOUNT WILL CONTAIN INTEREST RELEVANT TO THE LEASE.
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WHEN MAKING REPAYMENTS ON A LEASE, THE PROFIT AND LOSS ACCOUNT WILL CONTAIN INTEREST RELEVANT TO THE LEASE.
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