Which of the following transactions is a revenue expendit...
Which of the following transactions is a revenue expenditure?
Purchase of plant
Purchase of a new engine
Construction of office wall
Purchase of fuel for vehicle
Correct answer is D
Revenue expenditures are short-term expenses used in the current period or typically within one year. It includes the expenses required to meet the ongoing operational costs of running a business. Option D is correct.
A component of an overhead manufacturing cost is? ...
Accounting evolved out of the need of businesses for ...
The first calculating machine in data processing was ...
One of the objective of maintaining the account of a branch at the head office is to ...
Which of the following is a self-balancing account? ...
The formular for calculating depreciation using straight line method is ...
Which of the following is not contained in a journal? To record ...