Which one of the following should be considered a revenue expenditure?
A) 1000 paid for the execution of a new plant
B) Loss of `10,000 incurred in increasing the sitting accommodation of a hotel
C) Damage paid on account of breach of a contract to supply certain goods
D) Repair to machinery purchased, second hand.
Correct Answer:
Verified
Q15: Which of the following should not be
Q16: Capital expenditure is an expenditure which
A)Benefits the
Q17: Which of the following is not a
Q18: Any donation received for a specific purpose
Q19: Which of the following is an item
Q20: Which of the following statements is true?
A)Provision
Q21: The balance of which of the following
Q23: Which of the following statements are /
Q24: Which one of the following is a
Q25: Which of the following enhances the earning
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