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Question
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 |
Options
(a) i, (b) ii, (c) iv, (d) iii
(a) i, (b) ii, (c) iii, (d) iv
(a) iii, (b) i, (c) ii, (d) iv
(a) iv, (b) iii, (c) ii, (d) i
Solution
(a) iii, (b) i, (c) ii, (d) iv
Explanation:
| Column - I | Column - II | ||
| (a) | Preliminary expenses of ₹ 5,000. | iii | Deferred Revenue Expenditure |
| (b) | Purchase of old machine for ₹ 9,500. | i | Capital Expenditure |
| (c) | Wage paid ₹ 1,500 for carriage for goods. | ii | Revenue Expenditure |
| (d) | Loan received from Banks ₹ 10,00,000. | iv | Capital Receipts |
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