In 2021, Ravioli incurred some further expenditure on the warehouse.: Property insurance premiums. £20,000 Health and safety training for the new employees at the new site £10,000 Repairs to the roof caused by a storm in April 2021. £150,000 Installation of solar panels on the roof. £250,000 Calculate how much of this total qualifies as capital expenditure.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In 2021, Ravioli incurred some further expenditure on the warehouse.:

Property insurance premiums.    £20,000

Health and safety training for the new employees at the new site     £10,000

Repairs to the roof caused by a storm in April 2021.        £150,000

Installation of solar panels on the roof.       £250,000

 

Calculate how much of this total qualifies as capital expenditure.

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