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a. Paid $70,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $350 cash per truck for

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a. Paid $70,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $350 cash per truck for the cost of their annual tune-ups. c. Paid $280 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $393,750 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. Complete this question by entering your answers in the tabs below. Classify the above transactions as either a revenue expenditure or a capital expenditure. Prepare the journal entries to record the four transactions from part 1. Journal entry worksheet Paid $70,000 cash to replace a motor on equipment that extends its useful life by four years. Note: Enter debits before credits. Paid $350 cash per truck for the cost of their annual tune-ups. Note: Enter debits before credits. Journal entry worksheet Paid $280 for the monthly cost of replacement filters on an air-conditioning system. Note: Enter debits before credits. Journal entry worksheet Completed an addition to a building for $393,750 cash. Note: Enter debits before credits

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