Q2893
Match List-I (Items of expenditure and receipt) with List-II (Nature of expenditure and receipt) and select the correct answer using the options given below the lists: List-I List-II a. Compensation paid to retrenched workers of the factory for the loss of service 1. Capital expenditure b. Legal expenses incurred in connection with the purchase of a plot of land 2. Capital receipt c. Compensation received from the government for the compulsory removal of a business premises to another place 3. Revenue expenditure d. Sale proceeds of merchandise (goods) 4. Revenue receipt
Match List-I (Items of expenditure and receipt) with List-II (Nature of expenditure and receipt) and select the correct answer using the options given below the lists:
| List-I | List-II |
| a. Compensation paid to retrenched workers of the factory for the loss of service | 1. Capital expenditure |
| b. Legal expenses incurred in connection with the purchase of a plot of land | 2. Capital receipt |
| c. Compensation received from the government for the compulsory removal of a business premises to another place | 3. Revenue expenditure |
| d. Sale proceeds of merchandise (goods) | 4. Revenue receipt |
A.
a-1, b-3, c-4, d-2
B.
a-1, b-3, c-2, d-4
C.
a-3, b-1, c-4, d-2
D.
a-3, b-1, c-2, d-4
AnswerAnswer: Option D
Solution
Answer: Option D
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