Economics · Financial Accounting
For a non-trading concern, honorarium paid to an outsider is treated as a/an:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Liability
- 2Expenditure✓
- 3Asset
- 4Income
Correct answer
Expenditure
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Accounting MCQs →Want more practice questions on Financial Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Financial Accounting