How should a capital expenditure be recorded? a. Debit capital b. Debit an expense C. Debit a
Question:
How should a capital expenditure be recorded?
a. Debit capital
b. Debit an expense C. Debit a liability
d. Debit an asset
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The correct answer is d Debit an asset When a capital expenditure is incurred it involves the acquis...View the full answer
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