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Brokerage on the issue of shares and debentures is a _______expenditure : 
  • a)
    Revenue 
  • b)
    Capital 
  • c)
    Deferred Revenue 
  • d)
    Partly capital partly revenue 
Correct answer is option 'C'. Can you explain this answer?

Answers

Brokerage on the issue of shares and debentures is a Deferred Revenue Expenditure. This expenditure is incurred in one period but its benefit extends to a period of 3 to 5 years. Hence this amount is deferred and written off.

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Brokerage on the issue of shares and debentures is a _______expenditure :a)Revenueb)Capitalc)Deferred Revenued)Partly capital partly revenueCorrect answer is option 'C'. Can you explain this answer?
Brokerage on the issue of shares and debentures is a Deferred Revenue Expenditure. This expenditure is incurred in one period but its benefit extends to a period of 3 to 5 years. Hence this amount is deferred and written off.

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Brokerage on the issue of shares and debentures is a _______expenditure :a)Revenueb)Capitalc)Deferred Revenued)Partly capital partly revenueCorrect answer is option 'C'. Can you explain this answer?
Revenue

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Brokerage on the issue of shares and debentures is a _______expenditure :a)Revenueb)Capitalc)Deferred Revenued)Partly capital partly revenueCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2023 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Brokerage on the issue of shares and debentures is a _______expenditure :a)Revenueb)Capitalc)Deferred Revenued)Partly capital partly revenueCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2023 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Brokerage on the issue of shares and debentures is a _______expenditure :a)Revenueb)Capitalc)Deferred Revenued)Partly capital partly revenueCorrect answer is option 'C'. Can you explain this answer?.
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Brokerage on the issue of shares and debentures is a Deferred Revenue Expenditure. This expenditure is incurred in one period but its benefit extends to a period of 3 to 5 years. Hence this amount is deferred and written off.