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Which of the following type of expenses are included in Revenue expenditure? - Commercial Studies

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प्रश्न

Which of the following type of expenses are included in Revenue expenditure?

विकल्प

  • Depreciation on fixed assets.

  • Expenses incurred for day to day running of business.

  • Loss from sale of fixed assets.

  • All of the above

MCQ

उत्तर

All of the above

Explanation:

  1. All expenses incurred on day-to-day administration of a firm and the effect of which is completely exhausted within the current account are called revenue expenditure.
  2. The types of expenses include Expenses incurred for the day-to-day running of the business, Expenses incurred for the upkeep of fixed assets, and Depreciation on fixed assets.
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Revenue Expenditure
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अध्याय 6: Capital and Revenue Expenditure/Income - EXERCISES [पृष्ठ ८०]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 20. | पृष्ठ ८०
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