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Which of the following is a capital transaction? - Commercial Studies

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Question

Which of the following is a capital transaction?

Options

  • Purchase of goods

  • Payment of wages

  • Sale of goods

  • Purchase of machinery

MCQ
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Solution

Purchase of machinery

Explanation: 

Capital expenditure results in the acquisition of permanent assets such as land and buildings, plant and machinery furniture, etc.

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Chapter 6: Capital and Revenue Expenditure/Income - EXERCISES [Page 79]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 2. | Page 79
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