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प्रश्न
Any expenditure incurred to reduce the operating expenses is revenue expenditure.
पर्याय
True
False
उत्तर
This statement is False.
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संबंधित प्रश्न
An expenditure is Revenue expenditure if ______.
Revenue expenditure is incurred ______.
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.
______ expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
Give six examples of revenue expenditure becoming capital expenditure.
'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 intended to benefit the current period is revenue expenditure.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Repairs of typewriters.
Classify the following into Capital and Revenue Expenditure.
Whitewashing of office building.
Give five examples of revenue expenditure.