For the business of H Ward, a food merchant, classify th
Question and Solution
For the business of H Ward, a food merchant, classify the following between ‘capital’ and ‘revenue&rsq
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For the business of H Ward, a food merchant, classify the following between ‘capital’ and ‘revenue’ expenditure: (a) Repairs to meat slicer. (b) New tyre for van. (c) Additional shop counter. (d) Renewing signwriting on shop. (e) Fitting partitions in shop. (f ) Roof repairs. (g) Installing thief detection equipment. (h) Wages of shop assistant. (i) Carriage on returns outwards. ( j) New cash register. (k) Repairs to office safe. (l) Installing extra toilet.
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