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Expenses incurred for construction of a building are classified as ______. - Commercial Studies

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प्रश्न

Expenses incurred for construction of a building are classified as ______.

विकल्प

  • Revenue Expenditure

  • Capital Expenditure

  • Deferred Revenue Expenditure

  • Miscellaneous Expenditure

MCQ
रिक्त स्थान भरें

उत्तर

Expenses incurred for construction of a building are classified as Capital Expenditure.

Explanation: 

Capital expenditure refers to an investment that has long-term benefits beyond the present year. Non-recurring expenditures lead to the acquisition of permanent assets.

shaalaa.com
Capital Expenditure
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