Which of the following is NOT regarded as a capital expenditure?
The purchase of snacks and food stuff for ₹52,000.
The correct answer is option 3. The purchase of snacks and food stuff is considered a revenue expenditure, not a capital expenditure. Capital expenditure refers to expenses that provide long-term benefits, such as the purchase of machines, furniture, or buildings. Snacks and food stuff are short-term, consumable items and thus considered revenue expenditure. The other options involve expenditures that add value to the business for a longer period and are considered capital expenditures.
Similar Questions
Which one of the following is a revenue expenditure?
A trade mark is an example of ______.
Wages paid for erection of a new plant or machinery are taken as _____.
Which of the following needs to be excluded from current assets apart from closing stock, to get the balance as liquid assets?
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Important Questions from Assets & Liabilities
_______ is the most liquid of all assets.
Which one of the following is a revenue expenditure?
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Wages paid for erection of a new plant or machinery are taken as _____.
Which of the following needs to be excluded from current assets apart from closing stock, to get the balance as liquid assets?
