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In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure: ₹ 5,000 paid as brokerage and ₹ 2,500 other expenses on issue of shares. - Commercial Studies

In the following case indicate the amount to be debited as Capital Expenditure and Revenue Expenditure:

₹ 5,000 paid as brokerage and ₹ 2,500 other expenses on issue of shares.

One Line Answer

Capital ₹ 7,500 (5,000 + 2,500).

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Chapter 6: Capital and Revenue Expenditure/Income - PRACTICAL PROBLEMS [Page 85]

Chapter 6 Capital and Revenue Expenditure/Income
PRACTICAL PROBLEMS | Q 7. (iii) | Page 85

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