Which of the following is NOT an expense of a company?
A) cost of goods sold
B) repayment of principal on a loan
C) repayment of interest on a loan
D) sales commission.

Question

Quizplus · Accepted Answer

Repayment of principal on a loan is not an expense of a company as it represents the repayment of the borrowed amount and does not involve any cost or fees. The other options are all expenses that a company incurs during its normal business operations. Cost of goods sold refers to the direct cost of producing the goods sold by a company, repayment of interest on a loan is the interest charged on the borrowed amount, and sales commission is the cost of paying commissions to salespeople for their services.

Which of the Following Is NOT an Expense of a Company