Purchase of raw-materials for manufacturing furniture (eg Wood) by a furniture manufacturer is a capital expenditure.
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- The furniture purchased by a dealer dealing in furniture for resale purpose is
- Which of the following expenses is/are of capital nature?
- What are the raw materials used for the manufacture of Portland cement?
- The purchased and issued amounts of material Y in the month of March 2008, are as follows ||| |---|---| |Ma...
- The capital expenditure should be shown in the financial accounts in
- Zenith Ltd. purchased furniture from Divesh for Rs. 2,20,000. 25% of the amount due was paid by cash and ba...
- Which of the following is not a source of working capital for a manufacturing firm?
- Which rocket laboratory coming under ISRO has manufactured the world’s lightest material called ‘silica aer...