Accounting · Capital and Revenue Expenditure
Which of the following costs is treated as revenue expenditure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Freight on machinery purchase
- 2Installation charges of new machinery
- 3Repairs to machinery to maintain efficiency✓
- 4Legal fees for acquisition of land
Correct answer
Repairs to machinery to maintain efficiency
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