मराठी

State whether the following expense is Capital or Revenue. Fire insurance premium on premises.

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प्रश्न

State whether the following expense is Capital or Revenue.

Fire insurance premium on premises.

एका वाक्यात उत्तर
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उत्तर

Revenue Expenditure

Reason:

Regular premium payments are made on an already-existing asset.

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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. (ix) | पृष्ठ ८५
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