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John Owns a Shoe-Shine Business

Question 1

Multiple Choice
John owns a shoe-shine business.Which cost does his accountant most likely include on his financial statements

John owns a shoe-shine business.Which cost does his accountant most likely include on his financial statements


A) wages John could earn washing windows
B) dividends John's money was earning in the stock market before John sold his shares and bought a shoe-shine booth
C) the cost of shoe polish
D) wages John could have earned for unclaimed overtime labour hours

Correct Answer:

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