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Which one of the following should be considered a revenue expenditure?
Accountingmedium
A1000 paid for the execution of a new plant
BLoss of 10,000 incurred in increasing the sitting accommodation of a hotel
Damage paid on account of breach of a contract to supply certain goods
DRepair to machinery purchased, second hand.
Correct Answer: C. Damage paid on account of breach of a contract to supply certain goods
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