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Accounting for IGCSE & O level - Accounting Procedures (Section 1 - No. 39)

What is capital expenditure?
It increases the income and profit of the business.
It is the cost of buying or acquiring non-current assets.
It can be written off over a period of time.
It affects the cash in the bank.

توضیح

Capital expenditures are costs to acquire non-current assets.

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