Use app×
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
446 views
in Accounts by (52.2k points)
closed by

Anuj started business with Capital of ₹ 3,00,000. He opened a bank account with ₹ 80,000. He bought Furniture of ₹ 50,000; and purchased office space for ₹ 70,000. During the year 2021-22, he paid Salaries of ₹ 60,000. He also spent ₹ 40,000 on advertisement for launching the products, which is assumed to provide benefit to the business for more than one accounting year. 

On the basis of above information, answer the following questions. 

(a) What is the total Revenue Expenditure? 

(b) What is the total Capital Expenditure? 

(c) What is the total Deferred Revenue Expenditure?

1 Answer

+1 vote
by (51.8k points)
selected by
 
Best answer

(a) Revenue Expenditure = Salaries = ₹ 60,000 

(b) Capital Expenditure = Office Space + Furniture = 50,000 + 70,000 = ₹ 1,20,000 

(c) Deferred Revenue Expenditure = Advertisement for new products launch = ₹ 40,000

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...