Accountancy, asked by kamaljeetkour1433, 4 months ago

a real estate developer purchase land for 20 crore .the expenditure is a revenue expenditure ,b capital expenditure ,c.not all expenses

Answers

Answered by titikshasharma11
0

Explanation:

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Answered by kritik1709
0

Answer:

a. Revenue Expenditure

Explanation:

The real estate developer is purchasing the land for it's further sale to someone else (let's assume MR. A) .This land for real estate developer is REVENUE EXPENDITURE whereas the same land will be Capital Expenditure for MR. A.

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