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प्रश्न
State whether the following expense is Capital or Revenue.
Commission paid to agents.
उत्तर
Revenue Expenditure
Reason:
It has to do with the selling of products.
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संबंधित प्रश्न
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.
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.
What is meant by Revenue Expenditure?
Explain the rules for deciding whether an expenditure is of revenue nature.
Any expenditure intended to benefit the current period 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.
Purchase of typewriters for resale.
Give five examples of revenue expenditure.
Classify the following:
Insurance premium.
Classify the following:
Cost of shifting the stock to the new site.
