Expenditure incurred ₹ 20,000 for trial run of a newly installed machinery will be ……………….
A. Preliminary expense
B. Revenue expenditure
C. Capital expenditure
D. Deferred revenue expenditure
Answer:C
Expenditure incurred ₹ 20,000 for trial run of a newly installed machinery will be ……………….
A. Preliminary expense B. Revenue expenditure C. Capital expenditure D. Deferred revenue expenditure