Which one of the following should be considered a revenue expenditure?

A: 1000 paid for the execution of a new plant

B: Loss of 10,000 incurred in increasing the sitting accommodation of a hotel

C: Damage paid on account of breach of a contract to supply certain goods

D: Repair to machinery purchased, second hand.

Check Correct Option

Damage paid on account of breach of a contract to supply certain goods

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Which one of the following should be considered a revenue expenditure?

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Accounting MCQs