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O-LevelAccountingAccounting principles and policies7707/12 · Oct/Nov 2022 · Q121 Mark

Hamid purchased a motor vehicle from an overseas motor manufacturer. Which expenditure relating to the motor vehicle is capital expenditure?

Adelivery charge
Binsurance
Cpetrol
Dreplacement tyres

✓ Correct answer

A: delivery charge

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About this question

Topic
Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2022 Paper 1 Variant 2, question 12.

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