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Commerce · Q1946

Accounting

Graduate and Post Graduate · Commerce · question 1946

Q1946

Furniture of book value of Rs. 1,500 was sold for Rs. 600 and the new fixture of Rs. 1,000 was purchased and carriage of Rs. 25 paid. The amount of capital expenditure will be:

A.
Rs. 1,000
B.
Rs. 1,025
Answer
C.
Rs. 900
D.
Rs. 1,500

Answer: Option B

Solution

Answer: Option B
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