A capital expenditure results in a debit to
A) an asset account
B) a liability account
C) an expense account
D) a capital account
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A) An Asset Account
I hope it will help you.
I hope it will help you.
nasiruddinahmedkpt12:
Right answer
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A capital expenditure results in a debit to – will be option A - an asset account.
In accounting and bookkeeping an asset account is a general ledger record for sorting the debit and credit amounts of any company's transactions.
And it is written in a balance sheet. Cash, Accounts Receivable, Inventory, Prepaid Expenses, Investments, Buildings, Equipment, Vehicles, Goodwill are generally asset accounts that will have debit balances.
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