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CAPITAL AND REVENUE EXPENDITURES Time left 1:13:33 Identify if the following cost is a capital or revenue expenditure (1 pt) and provide the journal entry
CAPITAL AND REVENUE EXPENDITURES Time left 1:13:33 Identify if the following cost is a capital or revenue expenditure (1 pt) and provide the journal entry to record it in the books. (2 pts) The Western Regional hospital spent $1,500 to add freon to one of its air conditioning (a/c) units in the hospital's office. Note: Freon is the gas needed in a/c units for the unit to produce cool air. :) A B I Ff T: A Type of expenditure: III Journal Date Details Dr $ Cr$ G
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