An expenditure is in capital nature when

Question:

An expenditure is in capital nature when

A.

the receiver of the amount is going to treat it for the purchase of fixed assets.

B.

it increase the quantity of fixed assets.

C.

it is paid as interests on loans for the business

D.

it maintains a fixed assets

Answer» a. the receiver of the amount is going to treat it for the purchase of fixed assets.

Note: The above multiple-choice question is for all general and Competitive Exams in India