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Which One of the Following Should Be Considered a Revenue

Question 22

Multiple Choice

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:

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