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CAPITAL AND REVENUE EXPENDITURE/INCOME — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesCAPITAL AND REVENUE EXPENDITURE/INCOME2 Marks
Question
Give five examples of revenue expenditure.
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Answer

Revenue Expenditure
1. Expenses incurred for day-to-day running of the business.
2. Depreciation on fixed assets.
3. Expenses incurred on purchase of stocks of materials and goods.
4. Loss from sale of fixed assets.
5. Replacement of worn out parts of existing machines.

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