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Commerce · Q2594

Accounting

Graduate and Post Graduate · Commerce · question 2594

Q2594

Immediately after purchasing a new truck Rs. 1,000 is paid to have the name of the company and other advertising material painted on the truck this Rs. 1,000 is a:

A.
Capital expenditure
B.
Deferred revenue expenditure
C.
Revenue expenditure
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
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