Question

Question 3 :
Repairs and Maintenance charges paid for Laptop/ Computer paid is a expenditure
Capital
Revenue
Deferred Revenue
One time​

Answer 1

Answer:

revenue

Explanation:

it helps in maintenance of fixed assets In working conditions

Answer 2

They are revenue expenditures.

• The costs of restoring or maintaining an asset to its previous state or keeping it operational in its current state are the repair/maintenence charges.
• Revenue expenses are the various temporary costs that are incurred in a year
• They involve the costs of routine repairs and maintenance required to maintain an asset in working order without significantly changing or extending the asset's useful life.