Which of these types of expenditure would not be treated as a Capital Expenditure?

Related Mcqs:

Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books?

A. Cash payments journal B. Cash receipts journal C. Purchases return journal D. General journal...

An asset must be _______ by the business to be shown as an asset in its “balance sheet”

A. Possessed B. Owned C. Controlled D. Used...

The other name of journal is____________?

A. Ledger B. T account C. Day book D. Cash book...

Which of the following statements is /are true?

A. Entering wrong amount in the subsidiary book affects the agreement of the Trial Balance B. Undercasting or overcastting of a subsidiary book is an example or error of commission C. Errors of principle do not affect the agreement of Trial Balance D. Both B. and C. above...

Cash book records?

A. Only cash sales B. All types of cash receipts and payments C. Only revenue receipts D. Only capital receipts...