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Which of the following costs would be classified as capital expenditure for a restaurant business? 8.6 Which of the following best explains what is meant by 'capital expenditure? Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the issue of share capital Expenditure relating to the acquisition or improvement of non-current assets B D 8.7 Which of the following costs would be classified as capital expenditure for a restaurant business A replacement for a broken window B Repainting the restaurant C An illuminated sign advertising the business name D 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 B Number plates C Fitted stereo D Delivery costs

Which of the following costs would be classified as capital expenditure for a restaurant business? 8.6 Which of the following best explains what is meant by 'capital expenditure? Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the issue of share capital Expenditure relating to the acquisition or improvement of non-current assets B D 8.7 Which of the following costs would be classified as capital expenditure for a restaurant business A replacement for a broken window B Repainting the restaurant C An illuminated sign advertising the business name D 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 B Number plates C Fitted stereo D Delivery costs

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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Which of the following costs would be classified as capital expenditure for a restaurant business? 8.6 Which of the following best explains what is meant by 'capital expenditure? Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the issue of share capital Expenditure relating to the acquisition or improvement of non-current assets B D 8.7 Which of the following costs would be classified as capital expenditure for a restaurant business A replacement for a broken window B Repainting the restaurant C An illuminated sign advertising the business name D 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 B Number plates C Fitted stereo D Delivery costs
Transcribed Image Text:Which of the following costs would be classified as capital expenditure for a restaurant business? 8.6 Which of the following best explains what is meant by 'capital expenditure? Expenditure on non-current assets, including repairs and maintenance Expenditure on expensive assets Expenditure relating to the issue of share capital Expenditure relating to the acquisition or improvement of non-current assets B D 8.7 Which of the following costs would be classified as capital expenditure for a restaurant business A replacement for a broken window B Repainting the restaurant C An illuminated sign advertising the business name D 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 B Number plates C Fitted stereo D Delivery costs
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