Which of the following cannot be treated as revenue expenditure? A. Cost of goods purchased for resale. B. Wages paid for the erection of plant and machinery. C. Obsolescence cost. D. Expenses incurred by way of repairs of existing assets which do not in any way add to their earning capacity.

Which of the following cannot be treated as revenue expenditure?
A. Cost of goods purchased for resale.
B. Wages paid for the erection of plant and machinery.
C. Obsolescence cost.
D. Expenses incurred by way of repairs of existing assets which do not in any way add to  their earning capacity.
by

1 Answer

Answer :

B. Wages paid for the erection of plant and machinery.
by

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