Question

brokerage paid forpurchase of land is capital expenditure because​

Answer 1

Answer:

For example, legal charges and brokerage paid for acquiring land and buildings are capital expenditure. ... For example, a large amount spent on a useless machine so as to make useful is treated as capital expenditure because it increases the revenue earning capacity of the fixed asset.

Hope this will help u

Answer 2

Answer:

For example, legal charges and brokerage paid for acquiring land and buildings are capital expenditure