Q2491
Which of the following expenditures are to be treated as revenue expenditure? I. Interest paid on money borrowed during construction period II. Cost of patent rights III. Loss of uninsured stock due to fire IV. Retirement gratuity paid to an employee Select the correct answer using the options given below:
A.
I, II and III
B.
II, III, and IV
C.
III and IV
AnswerD.
I and II
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board