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For each of the following transactions, select the correct type of expenditure. table [ [ Transactions , Type of Expenditure ] , [ (
For each of the following transactions, select the correct type of expenditure.
tableTransactionsType of Expenditure Purchased a patent, $ cash., Paid $ for monthly salaries.,Capital expenditure Paid cash dividends, $ Purchased a machine, $; gave a longterm note.,Neither Paid threeyear insurance premium, $ Paid for routine maintenance, $ on credit., Paid $ for ordinary repairs., Paid $ for improvements that lengthened the asset's productive life., Paid $ cash for addition to old building.,
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