Advertisements
Advertisements
Question
Identify the following item into capital or revenue.
Audit fees paid ₹ 10,000.
Options
Capital
Revenue
Solution
Audit fees paid ₹ 10,000- Revenue
APPEARS IN
RELATED QUESTIONS
What is capital profit?
Choose the following item into capital and revenue.
Registration expenses incurred for the purchase of land.
State whether the following is capital and revenue.
White-washing the building ₹ 80,000.
State whether the following expenditure is capital, revenue or deferred revenue.
Heavy advertising cost of ₹ 12,00,000 spent on introducing a new product.
State whether the following expenditure is capital, revenue or deferred revenue.
Renewal of factory license ₹ 12,000.
Choose the following receipt into capital and revenue.
Sale proceeds of goods ₹ 75,000.
Choose the following receipt into capital and revenue.
Loan borrowed from bank ₹ 2,50,000.
Choose the following receipt into capital and revenue.
Sale of investment ₹ 1,20,000.
Choose the following receipt into capital and revenue.
Commission received ₹ 30,000.
Identify the following item into capital or revenue.
Repair to furniture purchased second-hand ₹ 3,000.