Furniture of book value of Rs. 1,500 was sold for Rs. 600 and the new fixture of Rs. 1,000 was purchased and carriage of Rs. 25 paid. The amount of capital expenditure will be:
A. Rs. 1,000
B. Rs. 1,025
C. Rs. 900
D. Rs. 1,500
Answer: Option B
This Question Belongs to Commerce >> Accounting
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