Multiple Choice
When the benefits of revenue expenditure is available for a period of two or three years, the expenditure is known as-
A) Revenue Expenditure .
B) Deferred Revenue Expenditure .
C) Capital Expenditure .
D) Depreciation.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The amount payable to a person as
Q7: The type of A/c with a named
Q8: Opening entries are generally passed through-<br>A)General Journal
Q9: Which of the following assets is/are to
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Q12: Interest Account will have-<br>A)Debit balance only .<br>B)Credit
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