Advertisements
Advertisements
Question
Subsidies and expenditure on scholarships are examples of ______
Options
Revenue Expenditure
Capital Expenditure
Revenue receipts
Capital Receipts
MCQ
Fill in the Blanks
Advertisements
Solution
Subsidies and expenditure on scholarships are examples of Revenue Expenditure.
Explanation:
Subsidies and scholarships are examples of revenue expenditure because they neither create assets nor reduce liabilities.
shaalaa.com
Is there an error in this question or solution?
