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Classify the following expenditures and receipts as capital or revenue:Q.Money spent Rs. 10,000 as traveling expenses of the directors on trips abroad for purchase of capital assets isa)Capital expendituresb)Revenue expendituresc)Deferred revenue expendituresd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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Classify the following expenditures and receipts as capital or revenue:Q.Money spent Rs. 10,000 as traveling expenses of the directors on trips abroad for purchase of capital assets isa)Capital expendituresb)Revenue expendituresc)Deferred revenue expendituresd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Classify the following expenditures and receipts as capital or revenue:Q.Money spent Rs. 10,000 as traveling expenses of the directors on trips abroad for purchase of capital assets isa)Capital expendituresb)Revenue expendituresc)Deferred revenue expendituresd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Classify the following expenditures and receipts as capital or revenue:Q.Money spent Rs. 10,000 as traveling expenses of the directors on trips abroad for purchase of capital assets isa)Capital expendituresb)Revenue expendituresc)Deferred revenue expendituresd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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