During the past 12 months, Brown Ltd has undertaken major work on its warehouse facilities. In the course of this work, the following expenditure has been incurred i) Redecoration ii) Installation of lift iii) Repairs to existing shelving iv) Installation of shelving in new area v) Rental of cleaning equipment vi) Overhaul of existing fleet of fork-lift trucks £ 3,000 20,000 4,000 6,000 2,000 5,000 40,000 What is the split expenditure between addition to non-current (fixed) assets and repairs expense A) Fixed 26,000; repairs expense 14,000 B) Fixed 31,000; repairs expense 9,000 C) Fixed 28,000; repairs expense 12,000 D) Fixed 37,000 repairs expense 3,000

During the past 12 months, Brown Ltd has undertaken major work on its warehouse facilities. In the course of this work, the following expenditure has been incurred i) Redecoration ii) Installation of lift iii) Repairs to existing shelving iv) Installation of shelving in new area v) Rental of cleaning equipment vi) Overhaul of existing fleet of fork-lift trucks £ 3,000 20,000 4,000 6,000 2,000 5,000 40,000 What is the split expenditure between addition to non-current (fixed) assets and repairs expense A) Fixed 26,000; repairs expense 14,000 B) Fixed 31,000; repairs expense 9,000 C) Fixed 28,000; repairs expense 12,000 D) Fixed 37,000 repairs expense 3,000

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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4. Subject :-Accounting
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