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Identify the transactions described in (a) through (c) as either a capital or revenue expenditure. Enter the transaction letter as the description when entering the
Identify the transactions described in (a) through (c) as either a capital or revenue expenditure. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (1.e., January 15 would be 15/Jan). Assume the transactions were paid with cash. (Select one) (a) September 2: The cost of replacing part of machine that extends the estimated life of that machine by four years, $26,000. (Select one) (b) September 9: The cost of annual tune-ups for delivery trucks, $175. (Select one) (c) September 14: The monthly replacement cost of filters on an air-conditioning system, $150. Page GJ2 General Journal Account/Explanation Date F Debit Credit + + =
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