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Nuts and bolts are capital goods?why …

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Nuts and bolts are capital goods?why or why not.
  • 3 answers

Md Ahtesham 6 years, 10 months ago

No. Becoz capital goods are generally of huge costs Also there is dep. Charged on those. So the nuts and bolts are not of huge costs And there is no dep. Charged on it.

Pallavi Garg 6 years, 10 months ago

No;because nuts and bolts comes under the inventories which is current asset

Shreya ?? 6 years, 10 months ago

no..as we consider those goods as capital goods which are for more than one year
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