XYZ Ltd has a house of 3 years old. It is used as guest house. It incu – McqOptions

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1.	XYZ Ltd has a house of 3 years old. It is used as guest house. It incurred an expenditure of Rs. 2.5 lakhs for its repairs. The nature of this expense is ______
A.	Capital Expenditure
B.	Revenue Expenditure
C.	Deferred Revenue Expenditure
D.	None of these
Answer» C. Deferred Revenue Expenditure

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