A

Admin • 831.35K 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: 13
  • Filed under category Accounting
  • Hashtags:
Explanation by: Admin
Furniture purchase is a capital expenditure as it provides long-term benefit.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.