Question

3. Fill in the blanks (14)
1. The income, expenditure revenue collection were handled by the
2. The city of Agra is founded by​

Answer 1

the city of Agra founded by sultan sikhandar lodi

Answer 2

1.. 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.

Whereas, expenditure 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.

2.. Sultan Sikandar Lodī