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प्रश्न
______ expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
पर्याय
Capital
Revenue
Deferred Revenue
Capital Receipts
उत्तर
Revenue expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
Explanation:
Revenue expenditure is incurred for meeting day to day requirements of business. All expenses incurred on day-to-day administration of a firm and the effect of which is completely exhausted within the current accounting are called revenue expenditure.
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संबंधित प्रश्न
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.
'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.
Classify the following:
Cost of goods purchased for resale.
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.
Cost of removing the stock to a better located site.
State whether the following expense is Capital or Revenue.
Excise duty paid to the Government.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Repairs of typewriters.
Classify the following into Capital and Revenue Expenditure.
Freight on goods purchased.
Classify the following into Capital and Revenue Expenditure.
Cost of uniform distributed among workers.
Classify the following:
Purchase of stationery.
