An expenditure is capital in nature when / » Fundamentals of Accounting solved MCQs / By admin Question: An expenditure is capital in nature when A. The receiver of the amount is going to treat it for the purchase of fixed assets. B. It increases the quantity of fixed assets. C. It is paid as interest on loans for the business. D. It maintains of fixed asset. Answer» b. It increases the quantity of fixed assets. Note: The above multiple-choice question is for all general and Competitive Exams in India.
