Advertisements
Advertisements
प्रश्न
Expenditure incurred ₹ 20,000 for trial run of a newly installed machinery will be ______.
विकल्प
Preliminary expense
Revenue expenditure
Capital expenditure
Deferred revenue expenditure
उत्तर
Expenditure incurred ₹ 20,000 for trial run of a newly installed machinery will be capital expenditure.
APPEARS IN
संबंधित प्रश्न
Capital expenditure is incurred for ______.
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Sale of Assets | i | Capital Expenditure |
| (b) | Interest paid on loan | ii | Capital receipt |
| (c) | Purchased land | iii | Revenue expenditure |
| (d) | Interest received | iv | Revenue receipt |
Explain the rules for deciding whether an expenditure is of capital nature.
Expenditure incurred to ______ the asset is capital expenditure.
State with reason whether the following is Capital or Revenue Expenditure:
Brokerage paid for purchase of land.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Cost of painting the new office building.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Cartage paid on purchase of furniture.
Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.
Premium ₹ 8,000 given for a lease.
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.
In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure:
Second hand motor van worth ₹ 60,000 was purchased and repairing of this cost ₹ 8,000.
