Q913
State which of the following is not a capital expenditure?
A.
Payment of Rs. 1,00,000 for purchase of land for agricultural farm
B.
Rs. 3,00,000 excise duty paid on manufactured sugar
AnswerC.
Investment of Rs. 50,000 in government debt
D.
Payment of Rs. 60,000 on contruction of railway siding
Answer: Option B
Solution
Answer: Option B
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