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Paper 1 · Capital and revenue expenditure

Cost of an asset includes

Apurchase price plus import duty plus trade discount.
Bpurchase price plus import duty minus carriage inwards.
Cpurchase price plus import duty plus repairs.
Dpurchase price plus import duty plus legal fees.

ZIMSEC Accounting 6001/1 Paper 1 (Multiple Choice), November 2022, Q11

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