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The revenue expenditure is the expenditure incurred in the day-to-day operations of a business that is expensed immediately and is not related to acquiring capital assets or investments. Among the options provided, the transaction that represents revenue expenditure is ‘Annual repair charge on a machine ₹10,000’. The annual repair charge is a regular expense incurred to maintain and repair a machine. It is a revenue expenditure because it is necessary to keep the machine in working condition and does not result in the acquisition of a new asset or an improvement to an existing asset. The other options represent capital expenditures.
Which film received the prestigious Palme d'Or award at the 2024 Cannes International Film Festival?
Which of the following amendments brought changes in both Directive Principles of State Policy and Fundamental Duties?
Consider the following statements:
1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to ...
Which of the following is not correctly Matched:
Dronacharya Award - year
In which state was the 125-foot-high bronze statue of Dr. BR Ambedkar inaugurated?
Which statement is correct about “International Albinism Awareness Day” ?
a. International Albinism Awareness Day is observed annually...
Where did the 'Mahaparinirvana' of Mahatma Buddha take place?
According to the Review of Maritime Transport 2023 by the UNCTAD in 2023, greenhouse gas (GHG) emissions from international shipping were ______ per cen...
Who became the 1st Indian to win the first-ever medal at the Asian fencing championships held in Wuxi, China?
Who has been elected as the acting Prime Minister of Pakistan?