A capital expenditure results in a debit to: (a) An asset account. (b) An expense account. (c)

Question:

A capital expenditure results in a debit to:

(a) An asset account.

(b) An expense account.

(c) An equity account.

(d) A liability account.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: