Question

Which of the following is NOT an example of Revenue Expenditure?

पर्याय

• Research expenses.

• Expenses incurred for the upkeep of fixed assets.

• Expenses incurred to remove the business to a more convenient place.

• Depreciation on fixed assets.

Answer 1

Expenses incurred to remove the business to a more convenient place.

Explanation:

Expenses to remove the business to a more convenient place are treated as deferred revenue expenditure because they are revenue-type costs whose benefit extends over several years and not an ordinary/current-period revenue expense.