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Dismantling and demolition charges is a

This question belongs to Commerce Accounting
Accounting
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Dismantling and demolition charges is a

Answer & Solution
Correct Answer: Option C
Dismantling and demolition charges is a Revenue expenditure. A revenue expenditure is a cost that will be an expense in the accounting period when the expenditure takes place.
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1 Comment
Bbushra Bsh
Bbushra Bsh 7 years ago
But cost of dismantling is same as cost of restoring the site which is a part of cost on this basis i say it is capital expenditure
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