Financial and Management Accounting

1: Which of the following can be treated as capital expenditure?
A.

Acquisition of land, building, machinery etc.

B.
Amount spent on increasing the Sitting accommodation in picture hall.
C.
Expenditure incurred for acquiring the right to carry on a business, for example, patent rights, copyright, goodwill.
D.

All of the above

 

Answer : D

Explanation :

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Option: A

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