Advertisements
Advertisements
प्रश्न
An expenditure is a capital expenditure because ______.
विकल्प
The amount involved is large.
The amount is paid in lump sum.
It is intended to benefit the future period.
उत्तर
An expenditure is a capital expenditure because it is intended to benefit the future period.
Explanation:
Capital expenditure means the expenditure the benefit of which is not exhausted within the current year but is enjoyed over a long time period.
APPEARS IN
संबंधित प्रश्न
Expenditure incurred ₹ 20,000 for trial run of a newly installed machinery will be ______.
Legal expenses incurred to purchase land are ______.
Carriage, freight, octroi duty, customs duty, clearing charges, dock dues, and excise duty paid on machinery are examples of ______.
Explain the rules for deciding whether an expenditure is of capital nature.
State with reason whether the following is Capital or Revenue Expenditure:
Cartage paid to bring a new machine to the factory.
Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.
Replacement of old machine by a new one.
State whether the following expense is Capital or Revenue.
Cost of raising a loan.
State whether the following expense is Capital or Revenue.
Charges paid for registration of a trade mark.
In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure:
Furniture of the book value of ₹ 15,000 was sold off at ₹ 10,000. New furniture was purchased for ₹ 20,000 and ₹ 100 was paid as cartage on it.
Classify the following:
Cost of converting a petrol engine into a diesel engine.