Legal expenses incurred to defend a suit for breach of a contract to supply goods will be treated as

QuestionsCategory: CommerceLegal expenses incurred to defend a suit for breach of a contract to supply goods will be treated as
VideRime Staff asked 3 years ago

Legal expenses incurred to defend a suit for breach of a contract to supply goods will be treated as

a) Capital expenditure

b) Revenue expenditure   (Ans)

c) Deferred revenue expenditure

d) None of these