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Which of the following is an item of capital expenditure?

Which of the following is an item of capital expenditure?

(a) Research and development costs during the year

(b) Interest on borrowed fund utilized for acquisition of Office Furniture

(c) Installation charges paid in conjunction with the purchase of Office Equipment

Accounting
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Question added by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate
Date Posted: 2015/03/14
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Deleted user

It is only C. A and B are OPEX.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option >>>>>>>>>>>>>>>>>>> (c) Installation charges paid in conjunction with the purchase of Office Equipment

Muhammad Manzoor Abbasi
by Muhammad Manzoor Abbasi , HSE Supervisor , Alfanar Co

Not interested to answer this question, ready to attend face to face interview.

Shebin Rahiman
by Shebin Rahiman , Tax Accountant , Tony & Tony Business Consultancy

(c) Installation charges paid in conjunction with the purchase of Office Equipment

Jonalyn De La Cruz
by Jonalyn De La Cruz , Accounts Assistant

C. Installation Charges paid in conjuction with the purchase of Office Equipment. Any charges incurred in acquiring Equipment shall be added on the Cost of the Equipment

Anas Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

B-

Interest on borrowing to fund acquisition of furniture

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