Accounting · Capital and Revenue Expenditure
Which of the following statements is NOT true regarding capital expenditure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Capital expenditure is completely transferred to the trading and profit and loss account in the year of occurrence.✓
- 2Capital expenditures are spread over more than one accounting period.
- 3Capital expenditure provides financial benefits across multiple accounting years.
- 4Capital expenditure is incurred to acquire fixed assets for the operation of a business.
Correct answer
Capital expenditure is completely transferred to the trading and profit and loss account in the year of occurrence.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Capital and Revenue Expenditure MCQs →Want more practice questions on Capital and Revenue Expenditure?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Capital and Revenue Expenditure