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Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer. Premium ₹ 8,000 given for a lease. - Commercial Studies

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प्रश्न

Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.

Premium ₹ 8,000 given for a lease.

एका वाक्यात उत्तर

उत्तर

Capital Expenditure

Reason:

A fixed asset is a lease.

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Capital Expenditure
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पाठ 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [पृष्ठ ८४]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 3. (iii) | पृष्ठ ८४

संबंधित प्रश्‍न

Pre-operative expenses are ______.


Classify the following into Capital, Revenue and Deferred Revenue Expenditures, reason for your answer.

Replacement of old machine by a new one.


State whether the following expense is Capital or Revenue.

Charges paid for registration of a trade mark.


State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.

Overhaul expenses of second hand typewriters purchased.


State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.

Cost of director's trip abroad for purchase of a new plant.


Classify the following into Capital and Revenue Expenditure.

Money spent on extension of factory premises.


In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure: 

A sum of ₹ 40,000 was spent on a machine consisting of ₹ 30,000 for increasing its production capacity, ₹ 1,000 for repairs and ₹ 9000 for replacement of worn-out parts.


In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure: 

A total expenditure of ₹ 50,000 was incurred on factory buildings out of this 20% related to repairs and 80% related to extensions.


In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure: 

Second hand motor van worth ₹ 60,000 was purchased and repairing of this cost ₹ 8,000.


Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?

Amount paid by a publisher for acquiring copyright.


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