Hele l Plant assets often require expenditures subsequent to acqulsition. It is important that that they be accounted for property. Any errors will affect both the balance sheets and income stabements for a number of years property. Any errors (b) Replacement of a minor broken part on a machine. (c) Expenditure that inteases the useful lite of an existing asset. e that increases the efficiency and effectiveness of a productive asset and increases the asset's salvage value (e) Expenditur (0 (g) (h) Ordinary repairs. (1) Expenditure that increases the quality of the output of the productive asset. e. without extending the machine's u improvement to a machine that increased its fair market value and its production apadty by 30% oe