A

Admin • 833.24K Points
Coach

Q. Purchase of furniture for office use is a:

  • (A) Revenue expenditure
  • (B) Capital expenditure
  • (C) Deferred revenue expenditure
  • (D) Indirect expenditure
  • Correct Answer - Option(B)
  • Views: 17
  • Filed under category Accounting
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Explanation by: Admin

Furniture purchase is a capital expenditure as it provides long-term benefit.

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