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Accounts of ‘Not for Profit’ Concerns — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyAccounts of ‘Not for Profit’ Concerns1 Mark
MCQ
Expenditure on Purchase of Building is a ___________ Expenditure.
  • ✓
    Capital
  • B
    Revenue
  • C
    General
  • D
    Recurring
✓

Answer

Correct option: A.
Capital
Capital

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