Show whether the following items are expenses or asset:
(a) Purchased furniture of ₹1,00,000 and issued cheque
(b) Purchased machinery of ₹1,50,000 from DD Enterprises
(c) Purchased goods of ₹1,80,000 from Dilip Enterprises
(d) Paid wages for the month ₹30,000 in cash
(e) Paid research expenses ₹1,00,000 by cheque for the current year
(f) Paid royalty ₹1,50,000 that will generate economic benefit over next 5 years.
(g) Provided deprecition on machinery ₹20,000 during the year.
(h) 1/5 of royalty written off