Classify the following items into revenue expenditure and capital expenditure. Give reason for your answer.
- Free supply of stationary to the students by the government.
- Economic assistance given according to Ladli scheme.
- Expenditure on the construction of computer lab in school by the government.
- Expenditure on Mid Day Meal given to students by the government.
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- , (b) and (d) are revenue expenditures because they neither create assets nor cause reduction in assets.
- is capital expenditure because it increases assets of the government.
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