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Kapil

· started a discussion

· 1 Months ago

upgradation expenses are always capital in nature, so it should be rectified because you have given revenue expenditure which is wrong

Question:

Rs.5,000 incurred for upgradation of computer by installation of 128 MB RAM is:

Options:
A)

Capital expenditure

B)

Deferred revenue expenditure

C)

Revenue expenditure

D)

None of the above

Solution:

Ans: (c)

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