Home › CBSE Class 12 (Commerce) › Accountancy › Financial Statements of a Company › Which expense is shown under finance costs?
Which expense is shown under finance costs?
AInterest on borrowings
BSalary paid to staff
CDepreciation on machinery
DLoss on sale of investments
Answer & Solution
Correct answer: A. Interest on borrowings
Only the interest cost on borrowings is reported under finance costs.
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