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प्रश्न
Expenses incurred for construction of a building are classified as ______.
पर्याय
Revenue Expenditure
Capital Expenditure
Deferred Revenue Expenditure
Miscellaneous Expenditure
उत्तर
Expenses incurred for construction of a building are classified as Capital Expenditure.
Explanation:
Capital expenditure refers to an investment that has long-term benefits beyond the present year. Non-recurring expenditures lead to the acquisition of permanent assets.
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संबंधित प्रश्न
Expenditures incurred to acquire fixed assets are called ______.
Capital expenditure is incurred for ______.
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