Which of the following is an example of revenue expenditure?
APurchase of a new machine for production
BConstruction of a new factory building
CPayment of salaries to government employees
DRepayment of a loan taken for capital investment
APurchase of a new machine for production
BConstruction of a new factory building
CPayment of salaries to government employees
DRepayment of a loan taken for capital investment
Related Questions:
Which of the following statement is CORRECT about the Law of Demand with regard to subject of Economics?
What are the common advantages of water transport?
i.The cheapest means of transport.
ii.Does not cause environmental pollution.
iii.Most suited for international trade.
iv.Suitable for large scale cargo transport