Accounting Multiple Choice Question – 18 February 2023

Which item is revenue expenditure?

Select ONE answer:

1. cost of painting new office premises during construction
2. cost of repairs to factory plant and machinery
3. legal fees for the purchase of new factory premises
4. wages of a company’s own workmen for building an office extension

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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