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For each of the following purchases, does the purchase represent a capital or a revenue expenditure? CORR 1. Complete remodeling of a restaurant dining room
For each of the following purchases, does the purchase represent a capital or a revenue expenditure? CORR 1. Complete remodeling of a restaurant dining room at a cost of $80,000 2 Purchase of a pizza oven at a cost of $18,000 3. Purchase of a dozen pencil sharpeners at a cost of $65 4. Overhaul of the engine on a tour bus at a cost of S5,000, extending the life of the bus by five years. Purchase of a computer system at a cost of S35,000 Purchase of gas for a hotel's shuttle bus. 5. 6
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