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प्रश्न
Give five examples of revenue expenditure.
उत्तर
- Rent or Property tax.
- Employee salaries and wages.
- Loss from sale of fixed assets.
- Replacement of worn-out parts of existing machines.
- Interest on loan and interest on capital for the period after the asset is put to use.
संबंधित प्रश्न
An expenditure is Revenue expenditure if ______.
Fixed assets lose part of their value every year due to wear and tear with passage of time, such reduction is called ______ on fixed assets.
Which of the following type of expenses are included in Revenue expenditure?
What is meant by Revenue Expenditure?
'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.
Cartage paid on purchase of machinery is a revenue expenditure.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Purchase of raw materials.
State whether the following expense is Capital or Revenue.
Legal expenses incurred for defending a suit of income tax.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Purchase of typewriter ribbons.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.
