When a business incurs labour cost in installing a fixed asset, the cost is treated...

Accounts - Principles of Accounts

JAMB 1994

When a business incurs labour cost in installing a fixed asset, the cost is treated as

A. additional cost to the asset
B. business wages and salaries
C. installation cost of the asset
D. business cost of the asset

JAMB CBT Mobile App 2024 - Free Download

JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!

WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995

Correct Answer: Option A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

what punishment did talle and his conspirator get for kidnapping and extortion? Answer this

1 Answers · English Language · 17 minutes ago
how many questions are we going to write in d jamb? Answer this

5 Answers · 29 minutes ago
an open tube mercury manometer is used to measure the pressure in a gas tank when the atmospheric pressure is... Answer this

1 Answers · Physics · 16 minutes ago

When a business incurs labour cost in installing a fixed asset, the cost is treated...

Correct Answer: Option A

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In