Accounting · Capital and Revenue Expenditure
Which of the following is a revenue expenditure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Money spent as travelling expenses of an employee on abroad trips for purchase of capital assets.
- 2Amount spent on the construction of a house.
- 3Money spent for the purchase of land for a new factory.
- 4A cartage of Rs. 1,000 was paid for the shifting of inventory.✓
Correct answer
A cartage of Rs. 1,000 was paid for the shifting of inventory.
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