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O-LevelAccountingAccounting principles and policies7707/11 · May/June 2020 · Q141 Mark

A business had a new extension to its workshop premises. It incurred the following expenditure. $ building cost 65000 legal fees 1800 air conditioning system for the original workshop 2300 air conditioning system for the new workshop extension 1100 decorating the original workshop 1400 decorating the new workshop extension 800 What was the total capital expenditure of the business?

A$67900
B$70 200
C$71000
D$72400

✓ Correct answer

C: $71000

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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, May/June 2020 Paper 1 Variant 1, question 14.

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