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A manufacturing company spent the following amounts on the import and...

This question belongs to Commerce Accounting
Accounting
?

A manufacturing company spent the following amounts on the import and installation of machine:
1. Rs. 50,000 : Price of the machine
2. Rs. 5,000 : Freight
3. Rs. 1,050 : Insurance premium
4. Rs. 6,000 : Replacement of a part damaged intransit, not covered under the insurance policy
Based on the above data, capital expenditure would be:

Answer & Solution
Correct Answer: Option C
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