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प्रश्न
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.
वर्गीकरण करो
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उत्तर
Revenue Expenditure
Explanation:
Ordinary repairs/maintenance keep an existing asset in working condition, and their benefit is consumed within the current period, so they are charged to profit & loss.
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क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Capital and Revenue Expenditure/Income - QUESTION BANK [पृष्ठ ९२]
