Which of the following are of capital nature?
(a) Purchase of a goods
(b) Cost of repair
(c) Wages paid for installation of machinery
(d) Rent of a factory
Answer Posted / nitesh talreja
a) wages paid for installation of machinery.
Installation cost will be added to cost of machinery and depreciation will be charged on total value.
| Is This Answer Correct ? | 11 Yes | 0 No |
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