Multiple Choice
A capital expenditure results in a debit to:
A) an expense account.
B) a stockholders' equity account.
C) a liability account.
D) an asset account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Zero, Inc. purchased equipment at the beginning
Q17: Exhibit 8-1<br>For each of the following sentences,
Q18: Land is not depreciated because:<br>A) it appreciates
Q22: A company should choose a depreciation method
Q23: Stricker Company sold equipment for $4,000. This
Q25: Gump Shrimp Company <br>On January 1, 2011,
Q26: If a company's fixed asset turnover ratio
Q32: How should intangible assets be disclosed on
Q36: Which of the following is an example
Q97: Plant assets are depreciated because<br>A)the accrual basis