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Homework answers / question archive / Classify whether the following is a capital expenditure or revenue expenditure and give a reason

Classify whether the following is a capital expenditure or revenue expenditure and give a reason

Accounting

Classify whether the following is a capital expenditure or revenue expenditure and give a reason.

a. Purchase of dust cover for the computer printer.

b. Payment made to get the building permit for the construction of a storage shed.

Option 1

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