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प्रश्न
Give five examples of revenue expenditure.
उत्तर
- Rent or Property tax.
- Employee salaries and wages.
- Loss from sale of fixed assets.
- Replacement of worn-out parts of existing machines.
- Interest on loan and interest on capital for the period after the asset is put to use.
संबंधित प्रश्न
Fixed assets lose part of their value every year due to wear and tear with passage of time, such reduction is called ______ on fixed assets.
This expenditure relates to normal functioning of the government departments and provision of various government services. The main examples of such expenditures are salaries, pensions, interest, subsidies, grants to the state governments, etc.
______ expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
State with reason whether the following is Capital or Revenue Expenditure:
Freight on goods sold.
State whether the following expense is Capital or Revenue.
Excise duty paid to the Government.
State whether the following expense is Capital or Revenue.
Commission paid to agents.
State whether the following expense is Capital or Revenue.
Interest paid on bank overdraft.
Classify the following into Capital and Revenue Expenditure.
Freight on goods purchased.
Classify the following:
Purchase of stationery.
Classify the following:
Cost of shifting the stock to the new site.
