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. |
