With reference to the expenditure made by an organization or a company, which of the following statements is/are correct?1. Acquiring new technology is capital expenditure.2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.Select the correct answer using the code given below: - Study24x7
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10 Oct 2023 10:12 AM study24x7 study24x7

With reference to the expenditure made by an organization or a company, which of the following statements is/are correct?
1. Acquiring new technology is capital expenditure.
2. Debt financing is considered capital expenditure, while equity financing is considered revenue ex...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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