App Logo

No.1 PSC Learning App

1M+ Downloads
The expense incurred for the normal running of a business or maintanence of assets and income is termed as _________

ACapital expenditure

BRevenue expenditure

CInvestment expenditure

DPreliminary expenditure

Answer:

B. Revenue expenditure


Related Questions:

A bill signed by one person without any consideration is called ......... bill.
Purchased furniture is recorded in purchase a/c is an example of :
The balance in the Share Forfeited Account after the reissue of forfeited shares is transferred to
The stock destroyed by fire is to be ____________ to trading a/c.
The customer whose account is affected by a Garnishee Order is referred to as a: