Classify the following expenses into capital expenditure and revenue e

1.	Classify the following expenses into capital expenditure and revenue expenditure.Machinery purchasedRent paidInterest paidPurchased buildingThe amount for repair of the building
Answer» 1. Capital Expenditure: Machinery Purchase Purchased building 2. Revenue Expenditure: Rent paid Interest paid Amount for repair of building

Classify the following expenses into capital expenditure and revenue expenditure.Machinery purchasedRent paidInterest paidPurchased buildingThe amount for repair of the building

Answer»

1. Capital Expenditure:

Machinery Purchase
Purchased building

2. Revenue Expenditure:

Rent paid
Interest
paid Amount for repair of building

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Classify the following expenses into capital expenditure and revenue expenditure.Machinery purchasedRent paidInterest paidPurchased buildingThe amount for repair of the building

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