Capital and Rev...

Insurance expenses paid to bring an equipment from the place of purchase to the place of installation is a type of ____________.

Expenses incurred on research and development is an example of __________.

Profit from sale of assets is example for __________.

Any amount received towards an endowment fund is a __________ receipt.

The cash price of a machine is Rs. 1,20,000 and its hire purchase price is Rs. 1,50,000 to be paid in five equal yearly installments. If a company purchases the machine on hire purchase basis, the amount of capital expenditure will be _______________.

Premium received on issue of shares is a __________.

Legal expenses in respect of claims of an insurance company is shown in _________.

Which of the following should not be called as sales?

Rs. 500 spent on servicing office type writer should be debited to _________.

Which of the following expenses should not be treated as capital expenditure?