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Question 15 Not yet answered Which of the following statement is correct about repairs and betterment? Mark) Marked out of 1.00 Rag question Ordinary

Question 15 Not yet answered Which of the following statement is correct about repairs and betterment? Mark) Marked out of 1.00 Rag question Ordinary repairs extend the useful life of an asset Betterment is a revenue expenditure Betterment benefits future periods While recording betterment expenses, repair account is debited (1

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