Question

Purchased a lathe machine
1,50,000:
Revenue Expenditure
Capital Expenditure
Deferred Revenue Expenditure
Revenue loss​

Answer 1

Answer:

Original cost of a machine is * 1,50,000, residual value 10,000, if depreciation.

Explanation:

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Answer 2

The original value of the machine is 1,50,000.so the depreciation is 10000.

Treatment of Capital Expenditure. Capital expenditure is capitalised. It is useful to estimate the assets. For example, when machinery is purchased the amount of purchase is entered into the balance sheet, then the amount of depreciation is entered into the balance sheet. Later is calculated for the expenditure