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masud
May 14, 2007, 02:43 PM
Which should be considered as Capital Expenditure?

1 - Pure research
2 - Applied research
3 - Development expenditure
4 - Machinery for research


I am revising my syllabus because EXAM IN JUNE.

Please help

Thanks

bunnyKutty
May 14, 2007, 10:32 PM
Machinery for research is a capital expenditure. All research expenditure will be expensed in the year they are incurred.