McqMate
| Q. |
Which one of the following should be considered a revenue expenditure? |
| A. | 1000 paid for the execution of a new plant |
| B. | Loss of `10,000 incurred in increasing the sitting accommodation of a hotel |
| C. | Damage paid on account of breach of a contract to supply certain goods |
| D. | Repair to machinery purchased, second hand. |
| Answer» C. Damage paid on account of breach of a contract to supply certain goods | |
View all MCQs in
Financial AccountingNo comments yet