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9 Be. 230 - 9 Identify the following expenditures as capital expenditures or revenue expenditures. (A) Replacement of worn-out gears on factory machinery. (B) Construction
9 Be. 230 - 9 Identify the following expenditures as capital expenditures or revenue expenditures. (A) Replacement of worn-out gears on factory machinery. (B) Construction of a new wing on an office building. (C) Painting the exterior of a building. (D) Oil change on a company truck. (E) Replacing an old computer chip with a faster chip, which increases productive capacity. No extension of useful life expected. Overhaul of a truck motor. One year extension in useful life is expected. (G) Purchased a wastebasket at a cost of $10. (H) Painting and lettering of a used truck upon acquisition of the truck. Answer (F) AE BF C G Dh
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