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A-LevelAccountingAccounting for non-current assets9706/12 · Feb/Mar 2022 · Q21 Mark

Which item is an example of capital expenditure?

Acost of repairs to an office building
Bcost of repainting business name on delivery van
Clegal cost paid to purchase an office building
Dlegal cost to collect outstanding receivables

✓ Correct answer

C: legal cost paid to purchase an office building

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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, Feb/Mar 2022 Paper 1 Variant 2, question 2.

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