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A-LevelAccountingAccounting for non-current assets9706/12 · Oct/Nov 2021 · Q51 Mark

Which items are capital expenditure? 1 payment of wages to staff to install new equipment 2 purchase of a new computer for office 3 purchase of spare parts for factory equipment 4 use of factory machinery to repair owner's car

A1 and 2
B1 and 3
C2 and 3
D2 and 4

✓ Correct answer

A: 1 and 2

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About this question

Topic
Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2021 Paper 1 Variant 2, question 5.

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