Which of the following is NOT an expense of a company?
A) Cost of goods sold
B) Repayment of principal on a loan
C) Repayment of interest on a loan
D) Sales commission

Question

Quizplus · Accepted Answer

Repayment of principal on a loan is not considered an expense as it represents the return of borrowed funds and does not reflect any operating costs of the company. The other three options (A, C, and D) are all expenses that a company may incur in its normal operations.

Which of the Following Is NOT an Expense of a Company