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State whether the following expense is Capital or Revenue. Cost of raising a loan. - Commercial Studies

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प्रश्न

State whether the following expense is Capital or Revenue.

Cost of raising a loan.

एका वाक्यात उत्तर
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उत्तर

Capital Expenditure

Reason:

The sum is paid in order to raise money for the company.

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पाठ 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [पृष्ठ ८५]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 4. (i) | पृष्ठ ८५
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