JAMB Accounting 2013 Objective — Question 8

Question 8 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2013 Objective paper, with the correct answer and a full explanation.

Which of the following items is a capital expenditure?

A. Maintenance of office machine
B. Purchase of office stationery
C. Carriage inwards
D. Purchase of office machineryCorrect

Explanation

Purchase of office machinery is a material item and does not occur every year, making it a capital expenditure.

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