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

(a)

Capital expenditure

(b)

Revenue expenditure

(c)

Deferred revenue expenditure

(d)

None of the above.

Interest on bank deposits is ______.

(a)

Capital receipt

(b)

Revenue receipt

(c)

Capital expenditures

(d)

Revenue expenditures

In the accounting cycle ___________ items are to be shown in the trading and profit and loss account.

(a)

capital

(b)

revenue

(c)

income

(d)

none of these

The benefits of ___________ are available for more than one year.

(a)

Capital expenditure

(b)

Revenue expenditure

(c)

Referred revenue expenditure

(d)

Capital profit

The loss which is not incurred in the normal course of business is ___________

(a)

Capital loss

(b)

Revenue loss

(c)

both 'a' and 'b'

(d)

None of these

A plant worth Rs.8,000 is sold for Rs.8,500 the capital receipt amounts to __________

(a)

Rs.8,000

(b)

Rs.8,500

(c)

Rs.500

(d)

Rs.16,500

Excess of revenue receipts over revenue expenditure is ____________

(a)

Net receipt

(b)

Net loss

(c)

Net profit

(d)

Capital profit

Money spent Rs.10,000 as travelling expenses of the directors on trips abroad for purchase of Capital Asset is __________

(a)

Capital expenditure

(b)

Revenue expenditure

(c)

Prepaid revenue expenditure

(d)

Revenue receipt

Interest on Investments received from UTI is ____________

(a)

Capital receipt

(b)

Revenue receipt

(c)

Capital expenditures

(d)

Revenue expenditures

Premium on the issue of shares is ___________

(a)

Capital receipt

(b)

Revenue receipt

(c)

Capital expenditures

(d)

Revenue expenditures