A

Admin • 802.91K Points
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Q. The amount spent on repairing an existing asset is:

  • (A) Revenue expenditure
  • (B) Capital expenditure
  • (C) Deferred revenue expenditure
  • (D) Wasting expenditure
  • Correct Answer - Option(A)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Routine repairs are treated as revenue expenditure because they maintain the asset.

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