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प्रश्न
Classify the following into capital expenditure and revenue expenditure.
Insurance premium of office building.
उत्तर
Revenue Expenditure
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संबंधित प्रश्न
______ expenditure is incurred for meeting day to day expenses of business and its benefit is exhausted within the current accounting year.
'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.
Any expenditure intended to benefit the current period is 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:
Whitewashing of office premises.
State whether the following expense is Capital or Revenue.
Commission paid to agents.
Classify the following:
Purchase of stationery.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Wages, salaries and rent outstanding.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.