Multiple Choice
Which one of the following is a capital expenditure?
A) Compensation paid to Directors on termination of their services
B) Expenditure incurred in connection with the renewal of a Trade Mark.
C) Gratuities paid to Directors on termination of their services.
D) Royalty paid in installments for the purchase of rights to manufacture and sell patient medicines.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following errors affects the
Q3: Journal proper is meant for recording<br>A)Credit purchase
Q4: Capital expenditure is an expenditure which<br>A)Benefits the
Q5: Which of the following statements are /
Q6: Which of the following statements is correct?<br>A)The
Q7: The balance of which of the following
Q8: Which of the following should not be
Q9: The beginnings inventory of the current year
Q10: If goods worth ` 1,750 returned to
Q11: Which of the following is true?<br>A)Error of