Question
dentify the following expenditures as capital expenditures or revenue expenditures. (a) Replacement of worn out parts on plant machinery. [ Select ] [Revenue Expenditure, Capital
dentify the following expenditures as capital expenditures or revenue expenditures.
(a) Replacement of worn out parts on plant machinery. [ Select ] ["Revenue Expenditure", "Capital Expenditure"]
(b) Construction of a new addition of an office building. [ Select ] ["Capital Expenditure", "Revenue Expenditure"]
(c) Periodic oil changes on a company cars. [ Select ] ["Capital Expenditures", "Revenue Expenditures"]
(d) Replacement of a truck motor. 5 year extension in useful life is expected. [ Select ] ["Revenue Expenditures", "Capital Expenditures"]
(e) Painting and lettering of a used truck upon acquisition of the truck to promote the business and the services that are offered. [ Select ] ["Capital Expenditures", "Revenue Expenditures"]
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