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State, whether you would consider the following as Capital Expenditure or Revenue Expenditure. Expenses incurred for obtaining a license for running cinema hall. - Commercial Studies

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प्रश्न

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

Expenses incurred for obtaining a license for running cinema hall.

एका वाक्यात उत्तर

उत्तर

Capital expenditure

Reason:

It is Capital Expenditure since it is incurred to purchase an asset.

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Capital Expenditure
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [पृष्ठ ८५]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 5. (v) | पृष्ठ ८५
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