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Management Sciences
MEDIUM
ENGLISH
Management Sciences
Which of the following should not be treated as revenue expenditure?
A
Interest on loans and debentures
Option A
B
Annual fire insurance premiums on Plant and Equipment
Option B
Sales tax paid in connection with the purchase of office equipment
Correct answer
D
Small expenditures on long- lived assets, such as ` 20 for a paper weight.
Option D
Correct answer: C
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