Question

For a sports club, expenditure on the purchase of sports Machinery / Equipments is a ________ expenditure. (Fill in the blank by choosing correct option)
a) revenue
b) recurring
c) general
d) capital

Answer 1

Hey mate✌️✌️

For a sports club, expenditure on the purchase of sports Machinery / Equipments is a ________ expenditure. (Fill in the blank by choosing correct option)
a) revenue ☑️☑️
b) recurring
c) general
d) capital

Answer 2

For a sports club, expenditure on the purchase of sports Machinery / Equipments is a revenue expenditure.

* Revenue expenditures are associated with any fixed asset that's further used to provide services to people.

* These machines and equipment will further incur a maintenance cost while usage and hence put under this heading.