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Commerce · Q2432

Accounting

Graduate and Post Graduate · Commerce · question 2432

Q2432

Which of the following is not capital expenditure?

A.
Cost of issuing shares and debentures
B.
Wages paid for construction of building
C.
Repairs on a second-hand machinery newly purchased
D.
Purchase of new spark plug at a cost of Rs. 8.50 for a two-year old car
Answer

Answer: Option D

Solution

Answer: Option D
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