Discount allowed on issue of shares is an example of

The correct answer is: C. Revenue Expenditure

Discount allowed on issue of shares is a type of revenue expenditure. It is an expense that is incurred in the current period and is not expected to benefit future periods.

Capital expenditure is an expenditure that is incurred on the purchase of assets that are expected to benefit future periods. Deferred revenue expenditure is an expenditure that is incurred in the current period but is not recognized as an expense in the current period. Accrued income is income that has been earned but has not yet been received.

Here is a more detailed explanation of each option:

• Capital expenditure is an expenditure that is incurred on the purchase of assets that are expected to benefit future periods. Examples of capital expenditure include the purchase of land, buildings, equipment, and intangible assets.
• Deferred revenue expenditure is an expenditure that is incurred in the current period but is not recognized as an expense in the current period. Instead, it is recognized as an asset and is amortized over a period of time. Examples of deferred revenue expenditure include prepaid expenses and deferred charges.
• Revenue expenditure is an expenditure that is incurred in the current period and is recognized as an expense in the current period. Examples of revenue expenditure include salaries, wages, rent, and utilities.
• Accrued income is income that has been earned but has not yet been received. Examples of accrued income include interest income and rent income.

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