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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

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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