Which of the following is not a component of cost of an asset? | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. Which of the following is not a component of cost of an asset?

(A) purchase price
(B) refundable sales tax
(C) import duties
(D) estimate of compulsory future dismantling costs

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✅ Correct Answer: (B) refundable sales tax

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