CAPITAL AND REVENUE EXPENDITURE/INCOME — Commercial Studies STD 10 — Question

"They assume greater risk of loss of capital," this is degree of risk estimated by:

Darsh bought a new smartphone, but it malfunctioned after just a few days of use. According to consumer rights, what option does Darsh have regarding the faulty smartphone?

Match the Column I and Column II:

Column - I	Column - II
(a) Preliminary expenses of ₹5,000	i Capital Expenditure
(b) Purchase of old machine for ₹9,500.	ii Revenue Expenditure
(c) Wage paid 1,500 for carriage for goods	iiii Deferred Revenue Expenditure ii Interest received
(d) Loan received from Banks ₹10,00,000	iv Capital Receipts

__________are intangible benefits, utilities and satisfactions which are offered for sale.

The ultimate aim of the marketing is to provide

On the basis of the information given identify the account.
1. It contains items of revenue nature only.
2. It is prepared to ascertain the Gross profit or the Gross loss.

Production budget is prepared to achieve which of the following objectives?

It is a type of electronic card which is used for transactions made online through a computer or a smartphone

These warehouses are established under a bond with the customs authorities for storage of dutiable goods till the payment of imports duty

"A fixed cost is a cost that a business must pay whether it produces one product or a million. Regardless of output, the business must pay the same," amount spent to purchase a ________ is the example of fixed cost.