Question

State with the reasons whether the following expenses are capital or revenue:

Answer 1

option toh btao yaar answer kaise btau

Answer 2

Answer:Expenditure Reason

(ii) Capital Expenditure Paid to make the asset ready to use

(iii) Revenue Expenditure Paid for the running and maintenance of car

(iv) Revenue Expenditure Paid for the maintenance of Building

(v) Revenue Expenditure Part of normal operating cost

Explanation: