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Match each of the following costs with its classification and treatment (0-c) as a revenue or capital expenditure. Each term may be used more than

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Match each of the following costs with its classification and treatment (0-c) as a revenue or capital expenditure. Each term may be used more than once. Overhauling an engine in a large truck > Fixing damage due to a car accident > Exterior and interior painting Ordinary maintenance and repairs to be treated as 1. revenue expenditure, increasing an expense account Asset improvements to be treated as a capital 2. expenditure, decreasing an accumulated depreciation account 3. Extraordinary repairs to be treated as a capital expenditure, increasing an act account Resurfacing a pool in an apartment building v New landscaping Installing a new air conditioning system in an old building

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