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Label each of the following items as a capital expenditure or as a revenue expenditure. a. Salaries. b. Equipment. c. Advertising. d. Patents. e. Repair

Label each of the following items as a capital expenditure or as a revenue expenditure. a. Salaries. b. Equipment. c. Advertising. d. Patents. e. Repair and maintenance (routine). f. Major building improvement or renovation. g. Land.

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