Accountancy, asked by okuir, 2 months ago

Which of the following is/are Capital Expenditure(s)? i. Expenses incurred on Issue of Shares. ii. Wages paid to workers involved in factory. iii. Import Duty paid on machine iv. Amount paid on purchase of Goodwill.​

Answers

Answered by Anonymous
2

Answer:

1 & 3

Capital expenditure or capital expense (capex) is the money a company spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land.

From the above definition it is concluded that :

Purchase of truck and Wages paid for installation of machinery, both these expenses are of capital nature.

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