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Question
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Capital Expenditure | i | Repairs costing ₹ 600 carried out on a boiler. |
| (b) | Revenue Expenditure | ii | Advertising expenses ₹ 25,000 incurred for launching a new product in the market. |
| (c) | Deferred Revenue Expenditure | iii | Interest received. |
| (d) | Revenue Receipts | iv | A sum of ₹ 15,000 spent on the overhauling of a second-hand delivery van. |
Options
(a) i, (b) ii, (c) iii, (d) iv
(a) iii, (b) ii, (c) iv, (d) i
(a) i, (b) iii, (c) iv, (d) ii
(a) iv, (b) i, (c) ii, (d) iii
Solution
(a) iv, (b) i, (c) ii, (d) iii
Explanation:
| Column - I | Column - II | ||
| (a) | Capital Expenditure | iv | A sum of ₹ 15,000 spent on the overhauling of a second-hand delivery van. |
| (b) | Revenue Expenditure | i | Repairs costing ₹ 600 carried out on a boiler. |
| (c) | Deferred Revenue Expenditure | ii | Advertising expenses ₹ 25,000 incurred for launching a new product in the market. |
| (d) | Revenue Receipts | iii | Interest received. |
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