Maharashtra State BoardHSC Commerce 11th
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Write the word/term/phrase which can substitute the following statement: The expenditure incurred for purchase, installation charges etc. of an asset. - Book Keeping and Accountancy

One Word Answer

Write the word/term/phrase which can substitute the following statement:

The expenditure incurred for purchase, installation charges, etc. of an asset.

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Solution

The expenditure incurred for purchase, installation charges, etc. of an asset. - Cost of asset

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