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Which one of the following is not considered for preparation of...

This question belongs to Commerce Costing
Costing
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Which one of the following is not considered for preparation of cost sheet?

Answer & Solution
Correct Answer: Option B
Goodwill written off is not considered for preparation of cost sheet. A firm will write off goodwill when it wants to shrink the balance sheet and if it thinks that the goodwill doesnt represent anything.
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