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a. Paid $64,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $320 cash per truck

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a. Paid $64,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $320 cash per truck for the cost of their annual tune-ups. c. Paid $256 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $360,000 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record the four transactions from part 1. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the four transactions from part 1. No Transaction 1 a Equipment Cash 2 b Vehicles Cash General Journal Debit Credit 64,000 64,000 320 320

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