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Expenditures that add to the utility of plant assets for more than one accounting period are ______.

User Copremesis
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Answer:

Capital expenditure

Step-by-step explanation:

The capital expenditure is that expenditure which is held for long term. It is the amount spent on leasing, buying or improving long-term assets or fixed assets to help boost productivity.

The examples are building, furniture and fixtures, office equipment

This capital expenditure recognized in the fixed assets under the assets section of the balance sheet

User Amzad
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