capital and revenue expenditure

which of these is a capital transaction?

• purchase of raw material

• payment of wages

• sale of goods

• purchase of machinery

An expenditure which is non recurring and irregular

• revenue expenditure

• short term expenditure

• capital expenditure

• current expenditure

legal expenses incurred to purchase land

• capital expenditure

• deferred revenue expenditure

• revenue expenditure

• none of these

which expenditure is entered in debit side of income statement?

• capital expenditure

• revenue expenditure

• deferred revenue expenditure

• capital receipt

which of the following is revenue expenditure

• purchase of raw material

• purchase of land

• purchase of machinery

• purchase of patent rights

money spent on repairs of machine is which expenditure?

• deferred revenue expenditure

• revenue expenditure

• capital expenditure

• none of the above

-------expenditure is one in which the benefit extents beyond current accounting year.

• revenue expenditure

• deferred revenue expenditure

• capital expenditure

• none of the above

------is shown in balance sheet in liabilities side.

• revenue expenditure

• revenue expenditure

• deferred revenue expenditure

• capital receipt

rent received,interest received are examples of ---

• revenue expenditure

• capital receipt

• revenue receipt

• capital expenditure

overhauling of a second hand machine is an example of ---

• revenue expenditure

• capital expenditure

• capital receipt

• revenue receipt