Accounting · Capital and Revenue Expenditure
Which of the following is NOT regarded as a capital expenditure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The building of an extension of the club dressing room for ₹75,000.
- 2The purchase of snacks and foodstuff for ₹52,000.✓
- 3The purchase of a VCR and TV for use in the club lounge for ₹55,000.
- 4The installation of a new coffee-making machine for ₹20,000.
Correct answer
The purchase of snacks and foodstuff for ₹52,000.
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