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Question

Which of the Following Is a Revenue Expenditure? Find the Answer at BYJU'S


A

Purchase of Plant and Machinery

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B

Repairs on Plant and Machinery

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C

Installation of Plant and Machinery

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D

Erection of Plant and Machinery

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Solution

The correct option is B

Repairs on Plant and Machinery


Answer: b) Repairs on Plant and Machinery

Routine repairs of plant and machinery are regarded as revenue expenditure and they are charged to the Repairs and maintenance expense account.

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