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What is legal expenses

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What is legal expenses

    • Posted by Mithlesh Kumar 5 years, 9 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Βâdãl Ãgārwal 5 years, 9 months ago

    Legal expenses or basically expenses in nature are income statement or profit and loss account. Usually legal expenses are classified as professional fees under general and administrative expenses on income statement/profit and loss.

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