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Which of the following are of capital nature?
(a) Purchase of a goods
(b) Cost of repair
(c) Wages paid for installation of machinery
(d) Rent of a factory

Answer Posted / nitesh talreja

a) wages paid for installation of machinery.

Installation cost will be added to cost of machinery and depreciation will be charged on total value.

Is This Answer Correct ?    11 Yes 0 No



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