

MCQOPTIONS
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1. |
An expenditure is capital in nature when |
A. | The receiver of the amount is going to treat it for the purchase of fixed assets. |
B. | It increases the quantity of fixed assets. |
C. | It is paid as interest on loans for the business. |
D. | It maintains of fixed asset. |
Answer» C. It is paid as interest on loans for the business. | |