just answer in one line a), Fixed Assets are required to be recorded at cost upon acquisition. Provide one example of the type of cost that must be included in the initial acquisition cost.

b). What is the difference between Capital Expenditure and Revenue Expenditure? Please do not define either of them the question asked is for their difference.

c). Provide the name of the Financial Statement that you would expect to find each of the following in: i) Capital Expenditure. ii) Revenue Expenditure

d). Assume that you know the useful life and residual value of a given Fixed Asset can you determine the depreciation expense just from that information? If not, are there any factor(s) missing?

e). Generally speaking, Notes Payable is used to replace Accounts Payable in order to convert it to a longer-term obligation. What is the name of the legal agreement used to record such an obligation?