Here is the list, and need to know on each one if is a Capital or Revenue Expend
ID: 2443505 • Letter: H
Question
Here is the list, and need to know on each one if is a Capital or Revenue Expenditure:1) Replaced a truck's suspension system with a new one that allows for delivery of heavier loads.
2) Installed a hydraulic lift to a van.
3)Repaired a flat tire on the van.
4)Overhauled the engine on one truck that was purchased 3 yrs ago.
5) Removed a 2 way radio from on one truck and installed a new radio w/greater range of communication.
6)Rebuilt the transmission that had been driven 40,000 miles and no longer under warranty.
7)Changed the radiator fluid on a truck that had been in service for 4 yrs.
8)Tinted back and side windows to discourage theft of contents in a van.
9)Changed the oil and greased the joints of all the trucks and vans.
10) Installed security systems on four of the newer trucks.
Explanation / Answer
1) Replaced a truck's suspension system with a new one that allows for delivery of heavier loads.
Capital Expenditure
2) Installed a hydraulic lift to a van.
Capital Expenditure
3) Repaired a flat tire on the van.
Revenue Expenditure
4) Overhauled the engine on one truck that was purchased 3 yrs ago.
Capital Expenditure
5) Removed a 2 way radio from on one truck and installed a new radio w/greater range of communication.
Capital Expenditure
6) Rebuilt the transmission that had been driven 40,000 miles and no longer under warranty.
Revenue Expenditure
7) Changed the radiator fluid on a truck that had been in service for 4 yrs.
Revenue Expenditure
8) Tinted back and side windows to discourage theft of contents in a van.
Capital Expenditure
9) Changed the oil and greased the joints of all the trucks and vans.
Revenue Expenditure
10) Installed security systems on four of the newer trucks.
Capital Expenditure
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.