Capital expenditure is

Use the question to answer this question

The following information were extracted from the books of Miliki state

Sinking of bore holes
Purchase of Motor car
Stationery
Electricity
Purchase of drugs
Purchase of beds

2,900,000
920,000
300,000
45,000
76,000
425,000

Capital expenditure is

A

₦345,000

B

₦3,245,000

C

₦421,000

D₦4,245,000

Answer is D

Capital Expenditure
  • Sinking of boreholes
  • Purchase of motor cars
  • Purchase of beds
2,900,000
920,000
425,000
Sum Total4,245,000

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