Amount spent on increasing the seating capacity in a cinema hall is ______.

Expenditure incurred Rs.20,000 for trial run of a newly installed machinery will be ______.

Interest on bank deposits is ______.

Revenue expenditure is intended to benefit ______.

Pre-operative expenses are ______.

State with reasons whether the following are capital or revenue expenditure:
i. Expenses incurred in connection with obtaining a licence for starting the factory for Rs.25,000.
ii. A factory shed was constructed at a cost of Rs.2,00,000. A sum of Rs.10,000 had been incurred in the construction of temporary huts for storing building material.
iii. Overhaul expenses of second-hand machinery purchased amounted to Rs.5,000.

Classify the following expenses as capital or revenue.
i) The sum of Rs.3,200 has been spent on a machine as follows:
a) Rs.2,000 for additions to double the output.
b) Rs.1,200 for repairs necessitated by negligence.
ii) Overhauling expenses of Rs.25,000 for the engine of a motor car to get better fuel efficiency.

What is meant by deferred revenue expenditure?

Distinguish between capital expenditure and revenue expenditure.

Distinguish between capital receipt and revenue receipt.

What is deferred revenue expenditure? Give two examples.

State whether they are capital and revenue.
i) Construction of building Rs.10,00,000.
ii) Repairs to furniture Rs.50,000.
iii) White-washing the building Rs.80,000
iv) Pulling down the old building and rebuilding Rs.4,00,000

Identify the following items into capital or revenue.
i) Audit fees paid  Rs.10,000.
ii) Labour welfare expenses Rs.5,000.
iii) Rs.2,000 paid for servicing the company vehicle.
iv) Repair to furniture purchased second hand Rs.3,000.
v) Rent paid for the factory Rs.12,000