Match List-I with List-II
| List-I | List-II |
|---|---|
| Expenses incurred to earn the income | Explanation |
| (A). Purchase of Stock-in-trade | (I). Expenses towards interest charges during the year on the borrowings |
| (B). Employees benefit expenses | (II). Diminution in the value of fixed assets |
| (C). Finance cost | (III). Purchases of goods for the purpose of trading |
| (D). Depreciation | (IV). Expenses incurred on employees towards salary, wages, leave encashment, staff welfare, etc |
Choose the correct answer from the options given below:
Held on 24 May 2025 · Verified 13 Jul 2026.
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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Work through every CUET UG Financial Statements PYQ, year by year.