Hello, I need help with the following question(s): Connect xC Chegg Study Order

Question

Hello, I need help with the following question(s):

Connect xC Chegg Study Order Confi M Inbox-jyarb1019@gmail X ? ? ??Secure l https://newconnect.mheducation.com/flow/connect.html Ch 8 Exercises Saved Help Save & Exit Submit Check my work QS 8-8 Revenue and capital expenditures LO C3 a. Pald $40,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years b. Paid $200 cash per truck for the cost of their annual tune-ups c. Pald $175 for the monthly cost of replacement filters on an alr-conditioning system. d. Completed an addition to an office building for $225,000 cash. pcinis eBook Piint 1. Classify the above transactions as either a revenue expenditure or a capital expenditure References Transaction Mc Graw Pre 8 of 14 O Type here to search 2-38 PM 7/11/2018

Explanation / Answer

Solution:

a. Capital expenditure

b. Revenue expenditure

c. Revenue expenditure

d. Capital expenditure

Explanation : capital expenditure are those expenditure which increases the earning capacity of assets.

And rest are called revenue expenditure.

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