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प्रश्न
Expenditure incurred to ______ the asset is capital expenditure.
उत्तर
Expenditure incurred to improve the asset is capital expenditure.
APPEARS IN
संबंधित प्रश्न
Capital expenditure is incurred for ______.
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Capital Expenditure | i | Repairs costing ₹ 600 carried out on a boiler. |
| (b) | Revenue Expenditure | ii | Advertising expenses ₹ 25,000 incurred for launching a new product in the market. |
| (c) | Deferred Revenue Expenditure | iii | Interest received. |
| (d) | Revenue Receipts | iv | A sum of ₹ 15,000 spent on the overhauling of a second-hand delivery van. |
Define Capital expenditure.
Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.
Temporary huts built at a cost of ₹ 3,000 for construction of factory buildings. The huts were demolished when the factory building was ready.
Cost of raising a loan.
State whether the following expense is Capital or Revenue.
Charges paid for registration of a trade mark.
State whether the following expense is Capital or Revenue.
Purchase of a computer for the office.
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.
Classify the following:
Cost of converting a petrol engine into a diesel engine.
