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If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of extension of building is Rs.3,00,000 and cost of improvement in electrical wiring system is Rs.22,800; the amount to be expensed is
  • a)
    Rs. 3,58,800.
  • b)
    Rs. 52,800.
  • c)
    Rs. 36,000.
  • d)
    Rs. 3,30,000.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of ...
Only repaid cost Rs 30,000 and whitewash expenses Rs 6,000 are revenue expenses,
the others are capital expenses as there is a future expected benefit.
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Community Answer
If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of ...
Given Information:
- Repair cost: Rs.30,000
- Whitewash expenses: Rs.6,000
- Cost of extension of building: Rs.3,00,000
- Cost of improvement in electrical wiring system: Rs.22,800

To Find:
The amount to be expensed

Solution:
To find the amount to be expensed, we need to add up all the expenses mentioned in the given information.

Step 1: Add up the repair cost, whitewash expenses, cost of extension of building, and cost of improvement in electrical wiring system.

Repair cost: Rs.30,000
Whitewash expenses: Rs.6,000
Cost of extension of building: Rs.3,00,000
Cost of improvement in electrical wiring system: Rs.22,800

Total expenses = Rs.30,000 + Rs.6,000 + Rs.3,00,000 + Rs.22,800
Total expenses = Rs.3,58,800

Therefore, the amount to be expensed is Rs.3,58,800.

Answer:
The correct answer is option 'a' Rs.3,58,800.
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If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of extension of building is Rs.3,00,000 and cost of improvement in electrical wiring system is Rs.22,800; the amount to be expensed isa)Rs. 3,58,800.b)Rs. 52,800.c)Rs. 36,000.d)Rs. 3,30,000.Correct answer is option 'C'. Can you explain this answer?
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If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of extension of building is Rs.3,00,000 and cost of improvement in electrical wiring system is Rs.22,800; the amount to be expensed isa)Rs. 3,58,800.b)Rs. 52,800.c)Rs. 36,000.d)Rs. 3,30,000.Correct answer is option '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 If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of extension of building is Rs.3,00,000 and cost of improvement in electrical wiring system is Rs.22,800; the amount to be expensed isa)Rs. 3,58,800.b)Rs. 52,800.c)Rs. 36,000.d)Rs. 3,30,000.Correct answer is option '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 If repair cost is Rs.30,000, whitewash expenses are Rs.6,000, cost of extension of building is Rs.3,00,000 and cost of improvement in electrical wiring system is Rs.22,800; the amount to be expensed isa)Rs. 3,58,800.b)Rs. 52,800.c)Rs. 36,000.d)Rs. 3,30,000.Correct answer is option 'C'. Can you explain this answer?.
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