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Capital and Revenue Expenditures
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Capital and Revenue Expenditures
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Capital and Revenue Expenditures
Revenue expenditures are shown in the:
Trading account
Income statement
Balance sheet
None of the above
Author:
rikazzz
Comment
Capital and Revenue Expenditures
An expenditure that benefits only the current period is known as a:
Capital expenditure
Revenue expenditure
Current expenditure
Deferred expenditure
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Expenditures incurred to acquire fixed assets are called:
Revenue expenditures
Prepaid expenses
Capital expenditures
Outstanding expenses
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Expenditures incurred to improve the assets are:
Development expenditures
Deferred revenue expenditures
Capital loss
Capital expenditures
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Carriage paid on the purchase of furniture is a:
Capital expenditure
Capital loss
Revenue expenditure
Revenue loss
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Carriage, freight, octroi duty, customs duty, clearing charges, dock dues, and excise duty paid on machinery are examples of:
Capital loss
Capital expenditure
Revenue expenditure
Revenue loss
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Expenditures incurred on advertising a new product are:
Capital expenditures
Deferred revenue expenditures
Revenue expenditures
Current expenditures
Author:
rikazzz
Comment
Capital and Revenue Expenditures
An expenditure that is not written off in one accounting period is termed a:
Revenue expenditure
Deferred expenditure
Capital expenditure
Current expenditure
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Freight paid on machinery purchased is:
Capital expenditure
Capital loss
Revenue expenditure
Revenue loss
Author:
rikazzz
Comment
Capital and Revenue Expenditures
Expenses incurred to bring fixed assets to the working site are:
Revenue expenditures
Capital loss
Capital expenditures
Deferred revenue expenditures
Author:
rikazzz
Comment
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