Which one of the following is NOT true about revenue expenditure? – McqOptions

MCQOPTIONS

1.	Which one of the following is NOT true about revenue expenditure?
A.	These are the running expenses of the business
B.	They improve the financial position of the business
C.	They reduce the profit of the concern
D.	They do not appear in the balance sheet
Answer» C. They reduce the profit of the concern

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