The costs of acquiring fixed assets and bringing them int...
The costs of acquiring fixed assets and bringing them into the firm is a
General expenses
Recurrent expenditure
Revenue expenditure
Capital expenditure
Correct answer is D
Capital expenditure; money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.
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\(\begin{array}{c|c} \text{Net profit} & 60,000 \\ \hline \text{Total assets} & 520,000 \\ \...