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Indicate whether the following expenditures are considered capital expenditures (C) or are expensed as incurred (E) under U.S. GAAP: a. Depreciation on office furniture _________
Indicate whether the following expenditures are considered capital expenditures (C) or are expensed as incurred (E) under U.S. GAAP:
a. Depreciation on office furniture _________
b. A repair of a machine in a plant. ___________
c. Freight cost for delivery of equipment to a new manufacturing facility.__________
d. Installation cost of a new mainframe computer.____________
e. Insurance policy for the next 6 months on equipment after installation. _____________
f. Sales tax on a newly purchased delivery van.________________
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