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How many of the following transactions would be capitalized? a. Pay insurance to operate a new building after the building is constructed and put
How many of the following transactions would be capitalized? a. Pay insurance to operate a new building after the building is constructed and put into use b. Pay in advance three-years worth of rent on a new warehouse facility c. Purchase a new manufacturing plant in the Pacific Rim that will provide future benefits to the firm d. Replace a new engine on an old truck that extends the truck's life by 3 years. 00 O1 02 3 4
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