1.

Which out of the following are (a) Capital Expenditure, (b) Revenue Expenditure and (c) Deferred Revenue Expenditure ? (i) Rs 1,200 spent on the repairs of machines (ii) Rs 2,500 spent on the overhaul of machines purchased second -hand (iii) Whitewash expenses. (iv) Paper purchased for use as stationery (v) Advertising campaign to launch a new product. (vi) Renovation of a cinema hall. (vii) Brokerage paid in connection with purchase of land (viii) Expenses incurred to get the manager's office air-conditioned (ix) Loss on investments (x) Expenses to move the stock of goods from one place to another

Answer»


ANSWER :Capital Expenditure - (ii); (VII); (viii); REVENUE Expenditure- (i); (III); (iv); (ix); (x) and Deferred Revenue Expenditure - (v) ; (vi)


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