Accounting Mcqs

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.

Submitted By :Ali Uppal

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