App Logo

No.1 PSC Learning App

1M+ Downloads
Expenditure incurred during the period and full benefit obtained in the same period ______ expense

ACapital

BDeferred

CRevenue

DFixed expense

Answer:

C. Revenue


Related Questions:

Goods taken from Business for personal use is debited to _______ a/c.
Which is a depreciation charging method?
The stock destroyed by fire is to be ____________ to trading a/c.
Income and expenditure account is a .......... account.
Cost of goods sold plus gross profit is equal to :