Amount spent to increasing the earning capacity is a …… expenditure HomeFinancial Accounting MCQsAmount spent to increasing the earning capacity is a …… expenditure Share your love WhatsApp Facebook Telegram Twitter Pinterest Q. Amount spent to increasing the earning capacity is a …… expenditure A. Capital B. Deferred revenue C. Capital Loss D. Revenue Answer: Capital
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is
