Which of the following cannot be treated as revenue expenditure? - Study24x7
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Priya Sharma
22 May 2019 10:21 AM study24x7 study24x7

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.

Finance/CA Commerce
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