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Machinery purchased for ₹2,50,000 and ₹30,000 were spent on its installation. This will be treated as (a) Capital Expenditure of ₹2,50,000 and Revenue Expenditure of ₹30,000.(b) Capital Expenditure of ₹2,80,000 (c) Revenue Expenditure of ₹2,80,000 (d) Capital Expenditure of ₹30,000 and Revenue Expenditure of ₹2,50,000. |
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Answer» Correct option is (b) Capital Expenditure of ₹2,80,000 |
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