[amp_mcq option1=”Capital Expenditure” option2=”Deferred Revenue Expenditure” option3=”Revenue Expenditure” option4=”Accrued Income” correct=”option3″]<\/p>\n
The correct answer is: C. Revenue Expenditure<\/strong><\/p>\n 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.<\/p>\n 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.<\/p>\n Here is a more detailed explanation of each option:<\/p>\n I hope this helps!<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Capital Expenditure” option2=”Deferred Revenue Expenditure” option3=”Revenue Expenditure” option4=”Accrued Income” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-56921","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n\n