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प्रश्न
Classify the following into Capital and Revenue Expenditure.
Whitewashing of office building.
उत्तर
Revenue Expenditure
Reason:
It is considered Revenue Expenditure since it is incurred to sustain an existing fixed asset.
APPEARS IN
संबंधित प्रश्न
______ expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
What is meant by Revenue Expenditure?
Explain the rules for deciding whether an expenditure is of revenue nature.
State with reason whether the following is Capital or Revenue Expenditure:
Cost of repairing machinery.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Legal expenses for defending the ownership of a trade mark.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Damages paid by a transport company to its passengers injured in an accident.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Purchase of typewriter ribbons.
Classify the following into Capital and Revenue Expenditure.
Cost of uniform distributed among workers.
Classify the following:
Purchase of stationery.
Classify the following into capital expenditure and revenue expenditure.
Insurance premium of office building.
