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K Identify each situation as a capital expenditure or revenue expenditure. In each situation, identify if it is a capital expenditure or revenue expenditure, and
K Identify each situation as a capital expenditure or revenue expenditure. In each situation, identify if it is a capital expenditure or revenue expenditure, and if applicable, if it is an addition or a betterment/extraordinary repair by selecting an "x" in the correct columns. *** c. Oil change on truck Capital Situation Expenditure Expenditure Addition a. New truck engine replaced b. New furnace filters d. New addition on prep school Revenue Betterment/ Extraordinary Repair
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