House Building advance of 2.00 lakh paid to employees. It is a

Question:

House Building advance of 2.00 lakh paid to employees. It is a

A.

Asset

B.

Revenue Expenditure

C.

Capital Expenditure

D.

Deferred Revenue Expenditure

Answer» a. Asset

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