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State whether the following expense is Capital or Revenue. Commission paid to agents. - Commercial Studies

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Question

State whether the following expense is Capital or Revenue.

Commission paid to agents.

One Line Answer

Solution

Revenue Expenditure

Reason:

It has to do with the selling of products.

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Revenue Expenditure
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Chapter 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [Page 85]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 4. (iv) | Page 85
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