In a travel company, painting a car would be treated as a ___________ expenditure; and music player
Question:
In a travel company, painting a car would be treated as a ___________ expenditure; and music player bought to fit in a car would be a __________ expenditure.
(a) Capital; Capital
(b) Capital; Revenue
(c) Revenue; Revenue
(d) Revenue; Capital
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The correct answer is a Capital Capital Explanation Painting a Car Painting a car in a travel compan...View the full answer
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Related Book For 
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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