Auditing Mcqs

Which of the following expenses should not be treated as capital expenditure?

(A) Expenses paid on installation of a plant.

(B) Cost of dismantling a building in case a new building is to be constructed on the land

(C) Legal expenses incurred to defend a suit related to title of patent.

(D) The fees paid to engineer who constructed the plant.

Submitted By: Ali Uppal

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