During the past 12 months, Brown Ltd has undertaken major work on its warehouse facilities. In the
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During the past 12 months, Brown Ltd has undertaken major work on its warehouse facilities. In the course of this work, the following expenditure has been incurred:
What is the split of expenditure between addition to non-current (fixed) assets and repairs expenses?
(a) Non-current (fixed) assets £26,000; repairs expenses £14,000
(b) Non-current (fixed) assets £28,000; repairs expenses £12,000
(c) Non-current (fixed) assets £31,000; repairs expenses £9,000
(d) Non-current (fixed) assets £37,000; repairs expenses £3,000
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