Advertisements
Advertisements
प्रश्न
State with reason whether the following is Capital or Revenue Expenditure:
Brokerage paid for purchase of land.
उत्तर
Capital Expenditure
Reason:
The expense was incurred in relation to the purchase of a fixed asset.
APPEARS IN
संबंधित प्रश्न
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Preliminary expenses of ₹ 5,000. | i | Capital Expenditure |
| (b) | Purchase of old machine for ₹ 9,500. | ii | Revenue Expenditure |
| (c) | Wage paid ₹ 1,500 for carriage for goods. | iii | Deferred Revenue Expenditure |
| (d) | Loan received from Banks ₹ 10,00,000. | iv | Capital Receipts |
Define Capital expenditure.
Explain the rules for deciding whether an expenditure is of capital nature.
Why is it necessary to differentiate between capital and revenue items in accounting?
______ expenditure is an expenditure benefiting the future period.
State with reason whether the following is Capital or Revenue Expenditure:
Cartage paid to bring a new machine to the factory.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Cartage paid on purchase of furniture.
State whether the following expense is Capital or Revenue.
Purchase of a computer for the office.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Overhaul expenses of second hand typewriters purchased.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Amount paid for acquiring goodwill.
