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प्रश्न
Revenue expenditure is incurred ______.
विकल्प
To improve the efficiency of an asset.
To maintain the efficiency of an asset.
To buy a fixed asset.
It involves withdrawal of capital.
उत्तर
Revenue expenditure is incurred to improve the efficiency of an asset.
Explanation:
Revenue expenditure is incurred for the upkeep of fixed assets such as repairs and maintenance.
संबंधित प्रश्न
Which of the following type of expenses are included in Revenue expenditure?
State with reason whether the following is Capital or Revenue Expenditure:
Cost of repairing machinery.
State with reason whether the following is Capital or Revenue Expenditure:
Whitewashing of office premises.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Legal expenses for defending the ownership of a trade mark.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Purchase of raw materials.
State whether the following expense is Capital or Revenue.
Purchase of typewriters for resale.
State whether the following expense is Capital or Revenue.
Interest paid on bank overdraft.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Purchase of typewriter ribbons.
Give five examples of revenue expenditure.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Wages, salaries and rent outstanding.