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प्रश्न
Classify the following into Capital and Revenue Expenditure.
Whitewashing of office building.
उत्तर
Revenue Expenditure
Reason:
It is considered Revenue Expenditure since it is incurred to sustain an existing fixed asset.
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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:
Freight on goods sold.
State with reason whether the following is Capital or Revenue Expenditure:
Cost of replacing the worn-out parts of a machinery.
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 is Capital, Revenue or Deferred Revenue Expenditure.
Purchase of raw materials.
State whether the following expense is Capital or Revenue.
Excise duty paid to the Government.
State whether the following expense is Capital or Revenue.
Legal expenses incurred for defending a suit of income tax.
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.
Classify the following into Capital and Revenue Expenditure.
Import duty on raw materials purchased.
