O Level Accounting (7707)•7707/12/M/J/21

Explanation
Capital Expenditure Statements Evaluation Steps:
- Identify the question requires evaluating statements 1-4 on capital expenditure, but statements are absent.
- Review choices A-D, which reference combinations of 1-4.
- Note capital expenditure involves long-term asset spending, but without statements, evaluation impossible.
- Conclude ambiguity prevents selection.
Why the correct option is correct:
- Not applicable due to missing statements.
Why the others are wrong:
- All options invalid without statements to verify.
Not enough information. Final answer: Not enough information.
Topic: Capital and revenue expenditure and receipts
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