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If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed is 
  • a)
    Rs. 2,99,000
  • b)
    Rs. 44,000
  • c)
    Rs. 30,000
  • d)
    Rs. 49,000
Correct answer is 'A'. Can you explain this answer?
Most Upvoted Answer
If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost o...
To calculate the total expenses, we need to add up the costs of repair, whitewash, extension of building, and improvement in electrical wiring system.

Given:
Repair cost = Rs. 25,000
Whitewash expenses = Rs. 5,000
Cost of extension of building = Rs. 2,50,000
Cost of improvement in electrical wiring system = Rs. 19,000

Total expenses = Repair cost + Whitewash expenses + Cost of extension of building + Cost of improvement in electrical wiring system

Total expenses = Rs. 25,000 + Rs. 5,000 + Rs. 2,50,000 + Rs. 19,000

Total expenses = Rs. 2,99,000

Therefore, the correct answer is option A) Rs. 2,99,000.

Explanation:
The question asks for the amount to be expensed, which means we need to calculate the total expenses incurred. To do that, we add up the costs of repair, whitewash, extension of building, and improvement in electrical wiring system.

Adding up all the costs, we get a total expense of Rs. 2,99,000. This is the amount that needs to be expensed.

Hence, option A) Rs. 2,99,000 is the correct answer.
Community Answer
If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost o...
Cost of building =25000+5000+250000+19000=299000
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If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed isa)Rs. 2,99,000b)Rs. 44,000c)Rs. 30,000d)Rs. 49,000Correct answer is 'A'. Can you explain this answer?
Question Description
If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed isa)Rs. 2,99,000b)Rs. 44,000c)Rs. 30,000d)Rs. 49,000Correct answer is 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed isa)Rs. 2,99,000b)Rs. 44,000c)Rs. 30,000d)Rs. 49,000Correct answer is 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed isa)Rs. 2,99,000b)Rs. 44,000c)Rs. 30,000d)Rs. 49,000Correct answer is 'A'. Can you explain this answer?.
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