Question

is the interest of the owners in a business
(a) Capital
Liability
(d) Income
10. Which of the following can be treated as revenue expenditure?
(a) Expenses incurred in the normal course of business, for example,
expenses of administration, expenses incurred in manufacturing and
selling products. Example of such expenses are salaries, rent, insurance,
postage, stationary, repairs to assets
(b) Expenses incurred to maintain the business, for example, replacements for
maintaining the existing permanent assets, cost of stores consumed in the
course of manufacturing, for example, oil, cotton waste, machinery,
spares consumed
(c) Depreciation on fixed assets, interest on loan for business, loss from sale
of fixed asset
(d) All of the above
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** ALL THE BEST ***​

Answer 1

Answer:

option d all of the above is the answer.

Answer 2

Answer:

d is answer all of the above