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  • Rent received by the trading company is Rs. 500. It shoul...
Multiple choice

Rent received by the trading company is Rs. 500. It should be treated as a/an

  1. operating income

  2. non-operating income

  3. operating expense

  4. non-operating expense

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

For a trading company, rent received is not part of its primary business operations. Therefore, it is classified as non-operating income.

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