Identify the type of costs as either a capital or revenue expenditure for the Martinez Company.
Martinez Company purchased a machine on January 1, 2014. In addition to the purchase price paid, the following additional costs were incurred.
Which costs listed below are capital expenditures? Select all that apply. (Points : 5) sales tax paid on the purchase price transportation and insurance costs while the machinery was in transit from the seller annual city operating license personnel training costs for initial operation of the machinery lubrication of the machinery gearing after the machinery was placed into