An Amount of ₹20,000 was Spent on Repairs of Building. This Expense will Be Categorised Under ______ -Bzziii

An amount of ₹20,000 was spent on repairs of building. This expense will be categorised under ______ .

(a) Capital Expenditure 
(b) Revenue Expenditure 
(c) Deferred Revenue Expenditure 
(d) Both Capital and Deferred Revenue Expenditure 

(b) Revenue Expenditure 

Explanation:

An amount of ₹20,000 was spent on repairs of building. This expense will be categorised under Revenue Expenditure. 

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CBSE Class 10 Elements Of Book Keeping And Accountancy Sample Paper-2022