580 paid for a laptop computer is written off as an expense rather than capitalised because the...
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£580 paid for a laptop computer is written off as an expense rather than capitalised because the business does not capitalise items that cost less than £1,000. This is an application of which concept?
(a) Prudence
(b) Money measurement
(c) Going concern
(d) Materiality
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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