Q355
Rs.5000 spent on maintenance of computer is
A.
Deferred capital expenditure
B.
Capital expenditure
C.
Revenue expenditure
AnswerD.
None of the above
Answer: Option C
Solution
Answer: Option C
Solution:
Rs.5000 spent on maintenance of computer is Revenue expenditure. A revenue expenditure is a cost that will be an expense in the accounting period when the expenditure takes place.