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Classify each of the following expenditures as capital expenditure (CE) or revenue (non-capital) expenditure (RE). foot Ordinary recurring repairs to keep the machinery in good

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Classify each of the following expenditures as capital expenditure (CE) or revenue (non-capital) expenditure (RE). foot Ordinary recurring repairs to keep the machinery in good working order Major overhaul to extend the useful life of a vehicle by three years Installation costs for a new machine Painting

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