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Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer. Replacement of old machine by a new one. - Commercial Studies

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प्रश्न

Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.

Replacement of old machine by a new one.

एक पंक्ति में उत्तर

उत्तर

Capital expenditure

Reason: 

A fixed asset is bought.

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Capital Expenditure
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अध्याय 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [पृष्ठ ८४]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 3. (viii) | पृष्ठ ८४
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