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प्रश्न
State whether the following expense is Capital or Revenue.
Purchase of postage and stationery.
उत्तर
Revenue Expenditure
Reason:
It is incurred during regular business operations.
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संबंधित प्रश्न
An expenditure is Revenue expenditure if ______.
'Whether an expenditure is of revenue or capital nature, is a question of fact and must depend on the circumstances of each case." Comment, giving appropriate examples.
Any expenditure incurred to reduce the operating expenses is revenue expenditure.
State with reason whether the following is Capital or Revenue Expenditure:
Freight on goods sold.
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Purchase of raw materials.
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Legal expenses ₹ 5,000 on defending a suit for breach of contract to supply goods.
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Commission paid to agents.
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Fire insurance premium on premises.
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Freight on goods purchased.
Classify the following into capital expenditure and revenue expenditure.
Travelling expenses paid to salesman.