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a. Paid $80,000 cash to replace a motor on equipment that extends its useful life by four years b. Paid $400 cash per truck for
a. Paid $80,000 cash to replace a motor on equipment that extends its useful life by four years b. Paid $400 cash per truck for the cost of their annual tune-ups. c. Paid $320 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $450,000 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. Complete this question by entering your answers in the tabs below. Classify the above transactions as either a revenue expenditure or a capital expenditure. a. Paid $80,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $400 cash per truck for the cost of their annual tune-ups. c. Paid $320 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $450,000 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. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the four transactions from part 1. Journal entry worksheet Paid $80,000 cash to replace a motor on equipment that extends its useful life by four years. Note: Enter debits before credits
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