______ is not a primary source of long-term debt financing HomeFinancial Accounting MCQs______ is not a primary source of long-term debt financingQ. ______ is not a primary source of long-term debt financing.A. Accounts payableB. Notes payableC. LeasesD. BondsAnswer: Accounts payable
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is