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What is the nature of this expense?

What is the nature of this expense?

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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.

Asked by Factindia, Last updated: Nov 18, 2024

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factindia

factindia

factindia
Factindia

Answered Jan 22, 2020

Revenue Expenditure
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