1.

Giving reasons, state whether the statements are true or false:Expenditure made on the development of a railway line is a capital expenditure.

Answer»

This expenditure creates an asset for the railway and government. 

Note: As per CBSE guidelines, no marks will be given if reason to the answer is not explained. 

Note: As per CBSE guidelines, no marks will be given if reason to the answer is not explained.



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