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Which of the following items is a capital expenditure?

Which of the following items is a capital expenditure?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Maintenance of office machine
  • B Purchase of office stationery
  • C Carriage inwards
  • D Purchase of office machinery
Correct Answer: Option D
Explanation:
capital expenditures are money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.

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