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2. Capital vs Revenue Expenditures (Place a check mark symbol or X) Capital Expenditure Revenue Expenditure Ordinary repairs Expenditures that increases the useful life of an existing asset. Cost of addition to building. Installation cost on new purchased equipment. Taxes paid on new purchased land. Cost of repairing equipment as a result of damage caused by employee during installation. | Replaced old carpet and installed new wood floor. 8 Cost of painting offices to new color. Cost of gas and oil on company cars. 10 Cost of employees' salaries during normal hours of work. Cost of replacing old parts on machinery (does not increase the value, efficiency, or useful life on machinery. | Cost of delivery on new purchased equipment