A-LevelAccountingAccounting for non-current assets9706/12 · Feb/Mar 2020 · Q21 Mark
The following costs for a business relate to a newly purchased machine. 1 alterations to the factory building to install the machine 2 payment of insurance for the new machine 3 the final purchase price of the machine agreed with the supplier 4 the price of the machine before the discount from the supplier Which costs would be treated as capital expenditure?
A1, 2 and 3
B1 and 3 only
C2 and 3 only
D2 and 4
✓ Correct answer
B: 1 and 3 only
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