Which stock is the amount of stock at the beginning of accounting period?
Opening stock
Closing stock
Stock in hand
Finished goods
Expenses incurred for acquiring fixed assets.
Revenue expenditure
Capital expenditure
Normal expenditure
Operating costs
Expenses which do not result in the income earning capacity of the business.
Overlay expenditure
Which is a measure of something on hand- goods, spares and other items in a business?
Wages
Assets acquired relatively for long periods.
Current assets
Intangible assets
Wasting assets
Fixed assets