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
Answer (1)
13th Jan, 2024
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.
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