Is the following revenue expenditure or …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Manav Sharma 5 years, 4 months ago
- 1 answers
Test
Related Questions
Posted by Nandita Sharma 1 year, 5 months ago
- 1 answers
Posted by Niyati Garg 1 year, 4 months ago
- 0 answers
Posted by Dipika Sharma 1 year, 4 months ago
- 0 answers
Posted by Naman Jain 1 year, 4 months ago
- 1 answers
Posted by Rijum Karlo 1 year, 4 months ago
- 0 answers
Posted by Shruti Singh 1 year, 5 months ago
- 0 answers
Posted by Mehar Ansari 1 year, 5 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Gaurav Seth 5 years, 4 months ago
A) Eexpenditure on collection of tax is a revenue expenditure as revenue expenditure refers to the estimated expenditure in a fiscal year which does not create assets for the government or reduction in liabilities.
B ) Expenditure on purchasing computers is a capital expenditure as capital expenditure refers to the estimated expenditure in a fiscal year which creates assets for the government and causes reduction in liabilities for the government.
C ) It is a capital expenditure as it increases asset of the government.
D) It is a revenue expenditure as it neither creates any asset nor reduces any liability of the government
0Thank You