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Examveda

Cost incurred for the maintenance of shop is considered as

A. Deffered expense

B. Capital expenditure

C. Revenue expenditure

D. Preliminary expense

Answer: Option C

Solution(By Examveda Team)

Cost incurred for the maintenance of shop is considered as Revenue expenditure. A revenue expenditure is a cost that will be an expense in the accounting period when the expenditure takes place.

This Question Belongs to Commerce >> Accounting

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Comments ( 1 )

  1. Ishita Saini
    Ishita Saini :
    4 years ago

    hindi or english ka bhi hota ha kya is way n que

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