Which of the following is not a capital expenditure?

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Which of the following is not a capital expenditure?
(A) Cost of issuing shares and debentures
(B) Wages paid for construction of a new office
(C) Purchase of a new spark plug for ₹10
(D) Repair of a second hand vehicle purchased.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Purchase of a new spark plug for ₹10.

Topics: Fundamentals of Accounting

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic