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. The suit has been lost

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


Note: if you think the answer of the question is wrong or changed with time, Comment below with right answer or its better to contact us via “Contact us page” for quick update. We will really appreciate your contribution.


Leave a Comment

Your email address will not be published.