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

FINANCIAL
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

Correct Answer: A. additional cost to the asset



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