Accounting · Capital and Revenue Expenditure
A company has spent ₹20,000 on the routine painting of its existing office building. How should this expenditure be recorded in the books of accounts?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Deferred revenue expenditure
- 2Personal expenditure
- 3Capital expenditure
- 4Revenue expenditure✓
Correct answer
Revenue expenditure
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