Question

    Which of the following is not a capital expenditure?

    A ₹5,000 spent to remove a worn- out part. This part needs to be replaced with a new engine Correct Answer Incorrect Answer
    B Expenses on foreign tour for purchasing a new machine. Correct Answer Incorrect Answer
    C Freight and Insurance of the machinery purchased Correct Answer Incorrect Answer
    D Amount spent on repairing a secondhand machine before put to use Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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