COMMERCESTUDYGUIDE

Income tax paid Interest receivable Under-absorption of office overheads Interest on debentures Answer 2. Interest receivable

Purchase of luxury car Acquisition of business firm Acquisition of a residential house property Repairs and maintenance of house property Answer 3.Acquisition of a residential house property

LIC policies Provident Funds Repayment of housing loans Repayment of personal loans Answer 4. Repayment of personal loans

4 8 16 32 Answer 3. 16