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Distinction between capital and revenue items is important for the preparation of ______. - Commercial Studies

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Question

Distinction between capital and revenue items is important for the preparation of ______.

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Solution

Distinction between capital and revenue items is important for the preparation of final accounts.

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Difference Between Capital Expenditure and Revenue Expenditure
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Chapter 6: Capital and Revenue Expenditure/Income - EXERCISES [Page 82]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 1. (ix) | Page 82
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