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When a business incurs labour cost in installing a fixed asset, the cost is treated as
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 1994
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When a business incurs labour cost in installing a fixed asset, the cost is treated as
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Additional cost to the asset
B
Business wages and salaries
C
Installation cost of the asset
D
Business cost of the asset
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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Accounts - Principles of Accounts
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