____________ expenditure is increased to maintain the business or to keep the assets in good working condition
A) Revenue
B) Capital
C) Both of ther
Correct Answer:
Verified
Q34: A _ is a person to whom
Q35: _denote goods brought for sale.
A)Sales
B)Purchase
C)Expense
Q36: _ is an example of wasting asset
A)Mines
B)Land
C)Closing
Q37: Asset acquired for long period of time
Q38: Things which are purchased by the business
Q40: _ is the major source of revenue
Q41: _ represent the amount invested by the
Q42: A_ transaction is one where in items
Q43: _ is not a tangible asset
A)Goodwill
B)Land
C)Closing stoc
Q44: According to _ concept it is assumed
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