Advertisements
Advertisements
Question
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Damages paid by a transport company to its passengers injured in an accident.
Solution
Revenue Expenditure
APPEARS IN
RELATED QUESTIONS
What is meant by Revenue Expenditure?
State whether the following expense is Capital or Revenue.
Purchase of postage and stationery.
State whether the following expense is Capital or Revenue.
Fire insurance premium on premises.
Classify the following into Capital and Revenue Expenditure.
Freight on goods purchased.
Classify the following into Capital and Revenue Expenditure.
Whitewashing of office building.
Classify the following into Capital and Revenue Expenditure.
Cost of uniform distributed among workers.
Give five examples of revenue expenditure.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Depreciation on fixed assets.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.
Classify the following into capital expenditure and revenue expenditure.
Insurance premium of office building.