Amount spent on increasing the seating capacity in a cinema hall is __________.

Capital Expenditure

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Revenue Expenditure

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Deferred Revenue Expenditure

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None of the Above

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Solution

The correct option is A Capital Expenditure
Any amount spent to enhance the capacity of the business and gives the benefit for a long duration are considered as capital expenditure.

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Amount spent on increasing the seating capacity in a cinema hall is __________.

The correct option is A Capital ExpenditureAny amount spent to enhance the capacity of the business and gives the benefit for a long duration are considered as capital expenditure.

The correct option is A Capital Expenditure
Any amount spent to enhance the capacity of the business and gives the benefit for a long duration are considered as capital expenditure.