Multiple Choice
Which of the following is regarded as capital expenditure in a car dealership?
A) The purchase of motor vehicles for resale
B) Improvements made to trade-in cars for resale
C) Gift bags and car mats
D) Expenditure on advertising on the side of the managing directors car
Correct Answer:
Verified
Correct Answer:
Verified
Q6: If drawings exceed opening capital plus net
Q7: A business has a property worth £60,000,
Q8: If opening capital is £120,000, closing capital
Q9: Owner's capital is:<br>A) Opening capital plus drawings
Q10: Which of the following is regarded as
Q12: Where does the following item appear in
Q13: A business has a motor vehicle worth
Q14: Which of the following costs would be
Q15: A business has a property worth £100,000,
Q16: If opening capital is £10,000 and closing