CBSE Class 12-commerce Answered
Subsidies
are treated as revenue expenditure. Give reason.
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
Expert Answer
Subsidies are treated as revenue expenditure as it does not reduce the liability of the government and it does not add to assets of the government.
Answered by | 19 Apr, 2016, 11:14: AM
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