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answer pls Question 3 [10 points) Identify the transactions described in (a) through (c) as either a capital or revenue expenditure Enter the transaction letter
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Question 3 [10 points) Identify the transactions described in (a) through (c) as either a capital or revenue expenditure Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (le., January 15 would be 15/Jan). Assume the transactions were paid with cash (Select one) (a) December 7: The monthly replacement cost of filters on an air-conditioning system, $100 (Select one) (b) December 16: The cost of replacing part of machine that extends the estimated life of that machine by four years, $25,000, (Select one) (c) December 19: The cost of annual tune-ups for delivery trucks, $175. Page GJZ General Journal Account Explanation Date Debit Credit +Step by Step Solution
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