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प्रश्न
Revenue expenditure is incurred ______.
पर्याय
To improve the efficiency of an asset.
To maintain the efficiency of an asset.
To buy a fixed asset.
It involves withdrawal of capital.
उत्तर
Revenue expenditure is incurred to improve the efficiency of an asset.
Explanation:
Revenue expenditure is incurred for the upkeep of fixed assets such as repairs and maintenance.
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.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Damages paid by a transport company to its passengers injured in an accident.
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.
Give five examples of revenue expenditure.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Wages, salaries and rent outstanding.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Depreciation on fixed assets.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.
Classify the following into capital expenditure and revenue expenditure.
Travelling expenses paid to salesman.
