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Classify the following expenditures and receipts as capital or revenue:
Q.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 'C'. Can you explain this answer?
Most Upvoted Answer
Classify the following expenditures and receipts as capital or revenue...
Classification of Expenditures:

1. Repair cost - Revenue Expenditure
2. Whitewash expenses - Revenue Expenditure
3. Cost of extension of building - Capital Expenditure
4. Cost of improvement in electrical wiring system - Capital Expenditure

Calculation of Amount to be Expensed:

The amount to be expensed is the total of revenue expenditures, which are repair cost and whitewash expenses. Hence,

Total Amount to be Expensed = Repair Cost + Whitewash Expenses
= Rs. 25,000 + Rs. 5,000
= Rs. 30,000

Therefore, the correct option is (c) Rs. 30,000.
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Community Answer
Classify the following expenditures and receipts as capital or revenue...
But I think 49000 is right answer as 19000 is also a expense therefore right answers is 25000+5000+19000=49000
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Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer?
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Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. 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 Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. 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 Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer?.
Solutions for Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer?, a detailed solution for Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer? has been provided alongside types of Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Classify the following expenditures and receipts as capital or revenue:Q.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. 2,99,000.b)Rs. 44,000.c)Rs. 30,000.d)Rs. 49,000.Correct answer is 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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