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expenditures operating assets after the acquisition must be classified as either revenue expenditures (called repairs and maintenance expense ) or capitalor capital expenditures. these two

expenditures operating assets after the acquisition must be classified as either revenue expenditures (called repairs and maintenance expense ) or capitalor capital expenditures. these two terms mean that

Two of the other answers are correct

Revenue expenditures increase the appropriate asset accounts

Capital expenditures benefit one or more future

Revenue expenditures benefit only the current.

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