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  • Accounting Errors and Rectification
  • Which of the following expenses is/are of capital nature?
Multiple choice

Which of the following expenses is/are of capital nature?

  1. Purchase of goods

  2. Normal repairing expenses

  3. Monthly rent of factory

  4. Wages paid for installation of furniture

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 Wages paid for installation of furniture is a capital expense.

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