Capital Expenditure is (A) The extra capital paid in by the proprietor (B) The costs of running
Question:
Capital Expenditure is
(A) The extra capital paid in by the proprietor
(B) The costs of running the business on a day-to-day basis
(C) Money spent on buying fixed assets or adding value to them
(D) Money spent on selling fixed assets.
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The correct answer is C Money spent on buying fixed assets or adding value to them Capital Expenditu...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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