With reference to the expenditure made by an organisation 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:
Options
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
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