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प्रश्न
Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.
Legal expenses ₹ 5,000 on defending a suit for breach of contract to supply goods.
उत्तर
Revenue Expenditure
Reason:
It is incurred during regular business operations.
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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.
Which of the following type of expenses are included in Revenue expenditure?
Any expenditure incurred to reduce the operating expenses is revenue expenditure.
State with reason whether the following is Capital or Revenue Expenditure:
Cost of repairing machinery.
State whether the following expense is Capital or Revenue.
Fire insurance premium on premises.
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.
Whitewashing of office building.
Give five examples of revenue expenditure.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.