Self Studies

Capital and Rev...

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  • Question 1
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    Any donation received for a specific purpose is an ________.

  • Question 2
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    A company incurred Rs. 10 crore on massive advertisement campaign during CWG in order to launch a new product in the market. This expenditure is a ______.

  • Question 3
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    Treating capital expenditure as revenue expenditure will __________.

  • Question 4
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    Cost of goods sold is Rs. 1,00,000, rate of gross profit on sales is 20%. What is the amount of sales?

  • Question 5
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    Receipt from the sale of season tickets for a series of soccer matches' should be classified as _________________.

  • Question 6
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    The written down value of a plant is Rs. 6,000 (the original value being Rs. 10,000). It is sold for Rs. 12,000 during the current financial year. Which one of the following is true in this regard?

  • Question 7
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    Which of the following is correct ?

  • Question 8
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    Sale of investment is ______________.

  • Question 9
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    The following are capital expenditure except______.

  • Question 10
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    A machine with a written down value of $$Rs 10000$$ has been sold for $$Rs 13000$$. The amount realized is a ___________.

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