State which of the accompanying uses are capital income


State which of the accompanying uses are capital, income, conceded income uses and capital misfortune: 

(i) Cost of upgrading and painting a second hand truck recently acquired. 

(ii) Cost of making more leaves in a film corridor under request of the Government. 

(iii) Rs. 25,000 were spent on aerating and cooling the workplace of the General Manager. 

(iv) An old machine which remained in the books at Rs. 15,000 was sold for Rs. 13,000.

(v) Rs. 2,000 were paid as metropolitan duty regarding a building which was bought a year ago for Rs. 2,00,000. 

(vi) Rs. 30,000 were spent on overwhelming publicizing regarding the presentation of another item. 

(vii) Rs. 500 was paid out regarding carriage on merchandise obtained. 

(viii) A provisional room built for Rs. 25,000 for putting away crude material for the development of a major building. 

(ix) Rs. 50,000 was spent on setting up an exhibition in a theater lobby. 

(x) Freight and cartage adding up to Rs. 4,000 were paid on buy of another plant and a whole of Rs. 2,000 was spent as erection charges of that plant.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: State which of the accompanying uses are capital income
Reference No:- TGS01199843

Expected delivery within 24 Hours