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Indicate whether each would be treated as Capital expenditure or Revenue Expenditure?Costs

Question

Indicate whether each would be treated as Capital expenditure or Revenue Expenditure?

Costs

related to acquiring an asset, such as import taxes, transportation.

Costs incurred Prior to using the asset, such as installation

Cost incurred after putting the asset into service

Cost incurred after putting the asset into service which extend its usefull life

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