24a) The interior of thew building is renovated, extending the useful life of the building by 10 years. Is this a revenue expenditure or a capital expenditure? Type in 1 for revenue expenditure or type in 2 for a capital expenditure.

24b) A cleaning firm is paid $150 per week to clean the carpets in a building. Is this a revenue expenditure or a capital expenditure? Type in 1 for revenue expenditure or type in 2 for a capital expenditure.

24c) On which financial statement if Loss in Disposal of Plant assets recorded? Type in 1 for income statement; type in 2 for statement of retained earnings; type in 3 for balance sheet.

24d) When an exchange of similar plant assets is said to have "commercial substance", what does that mean?