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Please do asap and with proper explanation/workings Which costs are capital expenditure in Leroy's books? A machine, installation B machine only C replacement parts, machine
Please do asap and with proper explanation/workings
Which costs are capital expenditure in Leroy's books? A machine, installation B machine only C replacement parts, machine Dreplacement parts, repairs, installation 34 Why is depreciation charged on a non-current asset? A to accumulate a fund of money to replace the asset B to charge the cost of using the asset against income C to determine the market value of the asset D to ensure that profits are not understated 35 Seema's financial year ends on 30 September. She rents premises at a monthly rent of $2000. During the year ended 30 September 2018 she paid $26 000 rent. Which journal entry will Seema make on 30 September 2018 to transfer the rent to the income statement? debit $ credit S A income statement rent 24 000 24000 B income statement rent 26000 26000 24000 24000 rent income statement rent income statement D 26000 26000 a business? It is a 2 It is a tay What is true about a statement of account issued by source doccement for the purchases junal Source document for the Sales journal 3 It is by a a Customer to a supplier is sent by a supplies to a customer A ( and 3 B 2 and 4 c 3 only Seat It D 4 onlyStep by Step Solution
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