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