A Capital Expenditure Results in a Debit to a (N)

question 85

Multiple Choice

A capital expenditure results in a debit to a (n)

• A) expense account
• B) capital account
• C) liability account
• D) asset account

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Definitions:

Same Department

Belonging to or occurring within the same unit, division, or category within an organization or institution.

Hands-on Experience

Practical or direct involvement in a task or activity, allowing individuals to gain knowledge or skills through doing rather than just observing.

Global Leaders

Individuals who influence and inspire people from different countries through their vision, strategic direction, and ability to navigate cultural differences.

Interpersonal Communication

The exchange of information, feelings, and meaning between two or more people through verbal and/or non-verbal methods.