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Business
Accounting
20,000 20,000 20,000 360,000 200,000 360,000 8.6 Which of the following best explains what is meant by 'capital expenditure? A B. Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the isue of share capital Expenditure relating to the acquisition or improvement of non-current assets 8.7 A replacement for a broken window Repainting the restaurant An illuminated sign advertising the business name Cleaning of the kitchen floors Which one of the following costs would be classified as revenue expenditure on the invoice for a hew company car? 8.8 A. Road tax Number plates Fitted stereo C Delivery costs 8.9 Lance is entering an invoice for a new item of equipment in the accounts. The invoice shows the following costs: Water treatment equipment Delivery Maintenance charge Sales tax $39,800 $1,100 $3,980 $7,854 $52,734 Invoice total Which of the costs would be as for a business?

20,000 20,000 20,000 360,000 200,000 360,000 8.6 Which of the following best explains what is meant by 'capital expenditure? A B. Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the isue of share capital Expenditure relating to the acquisition or improvement of non-current assets 8.7 A replacement for a broken window Repainting the restaurant An illuminated sign advertising the business name Cleaning of the kitchen floors Which one of the following costs would be classified as revenue expenditure on the invoice for a hew company car? 8.8 A. Road tax Number plates Fitted stereo C Delivery costs 8.9 Lance is entering an invoice for a new item of equipment in the accounts. The invoice shows the following costs: Water treatment equipment Delivery Maintenance charge Sales tax $39,800 $1,100 $3,980 $7,854 $52,734 Invoice total Which of the costs would be as for a business?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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20,000 20,000 20,000 360,000 200,000 360,000 8.6 Which of the following best explains what is meant by 'capital expenditure? A B. Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the isue of share capital Expenditure relating to the acquisition or improvement of non-current assets 8.7 A replacement for a broken window Repainting the restaurant An illuminated sign advertising the business name Cleaning of the kitchen floors Which one of the following costs would be classified as revenue expenditure on the invoice for a hew company car? 8.8 A. Road tax Number plates Fitted stereo C Delivery costs 8.9 Lance is entering an invoice for a new item of equipment in the accounts. The invoice shows the following costs: Water treatment equipment Delivery Maintenance charge Sales tax $39,800 $1,100 $3,980 $7,854 $52,734 Invoice total Which of the costs would be as for a business?
Transcribed Image Text:20,000 20,000 20,000 360,000 200,000 360,000 8.6 Which of the following best explains what is meant by 'capital expenditure? A B. Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the isue of share capital Expenditure relating to the acquisition or improvement of non-current assets 8.7 A replacement for a broken window Repainting the restaurant An illuminated sign advertising the business name Cleaning of the kitchen floors Which one of the following costs would be classified as revenue expenditure on the invoice for a hew company car? 8.8 A. Road tax Number plates Fitted stereo C Delivery costs 8.9 Lance is entering an invoice for a new item of equipment in the accounts. The invoice shows the following costs: Water treatment equipment Delivery Maintenance charge Sales tax $39,800 $1,100 $3,980 $7,854 $52,734 Invoice total Which of the costs would be as for a business?
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