हिंदी

Classify the following into capital expenditure and revenue expenditure. Insurance premium of office building.

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प्रश्न

Classify the following into capital expenditure and revenue expenditure.

Insurance premium of office building.

वर्गीकरण करो
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उत्तर

Revenue Expenditure

Explanation:

Insurance is a recurring cost whose benefit is realised over a short (usually one) accounting period, so it’s treated as a revenue expense.

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अध्याय 6: Capital and Revenue Expenditure/Income - QUESTION BANK [पृष्ठ ९२]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 6 Capital and Revenue Expenditure/Income
QUESTION BANK | Q 6. (v) | पृष्ठ ९२
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