Question: Please help with this Accounting type Question: The amount spent to increase the earning capacity of a business is: A . Capital loss B .

Please help with this Accounting type Question:
The amount spent to increase the earning capacity of a business is:
A. Capital loss
B. Deferred revenue expenditure
C. Revenue expense
D. Capital expenditure
 

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The correct answer is D Capital Expenditure Lets break down what each of these terms means A Capital ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!