Advertisements
Advertisements
Question
State whether the following expenditure is capital, revenue or deferred revenue.
Heavy advertising cost of ₹ 12,00,000 spent on introducing a new product.
Options
Capital
Revenue
Deferred revenue
Solution
Heavy advertising cost of ₹ 12,00,000 spent on introducing a new product- Deferred revenue
APPEARS IN
RELATED QUESTIONS
Choose the following item into capital and revenue.
Carriage paid on goods purchased.
State whether the following is capital and revenue.
Construction of building ₹ 10,00,000.
Choose the following item into capital and revenue.
Loss on sale of old furniture.
State whether the following expenditure is capital, revenue or deferred revenue.
Legal fees paid to the lawyer for acquiring land ₹ 20,000.
Choose the following receipt into capital and revenue.
Sale proceeds of goods ₹ 75,000.
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.
Choose the following receipt into capital and revenue.
₹ 1,400 wages paid in connection with the erection of new machinery.
Identify the following item into capital or revenue.
₹ 2,000 paid for servicing the company vehicle.
Identify the following item into capital or revenue.
Repair to furniture purchased second-hand ₹ 3,000.