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