Question : Which of the following is not added as a Non-Cash Expense?
Option 1: Patents amortized
Option 2: goodwill amortized
Option 3: Interest on loan paid
Option 4: None of the above
Correct Answer: Interest on loan paid
Solution : Answer = Interest on loan paid
Interest on loans paid is an example of Non-operating expenses that are not included in Non-cash expenses None cash expenses are those expenses and losses debited to the statement of profit and loss that do not involve any payment of cash. Hence, the correct option is 3.
Option 1: Depreciation
Option 2: Goodwill amortized
Option 3: Interest on Debentures paid
Option 4: All of these
Question : Interest on debentures is considered as-
Option 1: Income
Option 2: Expense
Option 3: Liability
Question : Increase in value of Goodwill means___________
Option 1: Goodwill purchased
Option 2: Non purchased goodwill ( self - Generated goodwill )
Option 3: Both 1 and 2
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