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Find the odd one: Wages account, Salary account, Royalty account, Import duty account. - Book Keeping and Accountancy

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Question

Find the odd one:

Options

  • Wages account

  • Salary account

  • Royalty account

  • Import duty account

MCQ
One Word/Term Answer

Solution

Import duty account

Explanation:

Wages, salary, and royalty are revenue expenses related to employee compensation or business operations, whereas import duty is a tax or expense related to purchasing goods from abroad.

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