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प्रश्न
Revenue expenditure is shown in the Trading Account or Profit and Loss Account.
पर्याय
True
False
MCQ
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उत्तर
True
Explanation:
Revenue expenditures are routine operating costs charged to the Trading Account (for direct production expenses such as carriage-inward and wages) or to the Profit & Loss Account (for other revenue items); they are not capitalised.
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