- revenue 845 Which of the following is not the correct classifi- cation of receipts and expenses: A. legal expenses incurred on public issue expenditure B. purchase of machinery - capital expenditure C. payment of wages - revenue expenditure D. expenditure on removing the old building for constructing the new building on that place - capi- tal expenditure 846 To transfer to opening stock to the trading account, what journal entry shall be required: 848 When a firm changes the method of charging de- preciation from written down value to straight line method or vice versa, which of the following ac- counting conventions is violated: A. realization B. consistency C. materiality D. conservatism 849 The balance as per cash book of the firm is Rs.40000 overdraft. It is observed that the firm had issued two cheques of Rs.3000 each and only one of these has been encashed. The bank also credited Rs.1000 as dividend received through ECS-Credit. The balance as per pass book should be: A. 36000 B. 38000 C. 42000 D. 44000