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Question : Which of the following is a revenue expenditure?
 

Option 1: Expenditure on scholarship
 

Option 2: Expenditure on purchasing computers
 

Option 3: Repayment of loans
 

Option 4: Amount borrowed from USA repaired
 


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Expenditure on scholarship
 


Solution : Expenditure on scholarship is a revenue expenditure because it neither create any assets nor reduces any liability. Rest of the three are part of capital expenditure .
Hence Option A is correct.

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