Mr. Ram has a business of manufacturing steel utensils. Which of the following is not considered as goods for his business?

Machinery used for manufacturing

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Steel scrap purchased for manufacturing

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Steel utensils in stock as on last day

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Both A and B

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Solution

The correct option is A
Machinery used for manufacturing

Goods are anything that businesses deals in. they are primarily held for resale in a business, the machines used for manufacturing is not considered as goods for the business.

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Mr. Ram has a business of manufacturing steel utensils. Which of the following is not considered as goods for his business?

The correct option is A Machinery used for manufacturing Goods are anything that businesses deals in. they are primarily held for resale in a business, the machines used for manufacturing is not considered as goods for the business.

The correct option is A
Machinery used for manufacturing

Goods are anything that businesses deals in. they are primarily held for resale in a business, the machines used for manufacturing is not considered as goods for the business.