Examlex
Which of the following would not be included in the cost of land?
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.
Consignment
A sales arrangement in which goods are placed in the care of another, but ownership and title remain with the supplier until the goods are sold.
Net Income
The amount of earnings after all expenses and taxes have been deducted from revenue.
Ending Inventory
The cumulative worth of merchandise ready for purchase at the closure of a financial period.
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