A business acquires some new equipment, incurring a total cost of ( 33,000). This amount is made
Question:
A business acquires some new equipment, incurring a total cost of \(£ 33,000\). This amount is made up of purchase price \(£ 31,180\), delivery costs \(£ 570\), installation charges \(£ 440\), and one year's maintenance cover \(£ 810\). What is the total capital expenditure?
(A) \(£ 32,190\)
(B) \(£ 31,750\)
(C) \(£ 32,430\)
(D) \(£ 32,560\)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
Question Posted: