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O4 Not yet answered Marked out of 1.00 Flag question Revenue and Capital Expenditures Indicate whether each of the following expenditures is a revenue expenditure

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O4 Not yet answered Marked out of 1.00 Flag question Revenue and Capital Expenditures Indicate whether each of the following expenditures is a revenue expenditure or a capital expenditure for Linda Company: a. Paid $300 to replace a truck windshield that was cracked by a stone thrown up by another vehicle while the truck was being used to make a delivery + b. Paid $10 for a "No Smoking sign for the conference room 3 c. Pald 5900 to add a hard disk to an employee's computer . d. Paid $25 for a dust cover for a computer printer e Paid $200 to replace a cracked windshield on a used truck that was just purchased for company use. The company bought the truck knowing the windshield was cracked 1. Paid $750 for a building permit from the city for a storage shed the company is going to have built Question 6 incomplete answer Marked out of 1.00 P Flag question Amortization Expense For each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record the expense: a. A patent with a 15-year remaining legal life was purchased for $224,000. The patent will be commercially exploitable for another eight years. b. A patent was acquired on a device designed by a production worker. Although the cost of the patent to date consisted of $36,900 in legal fees for handling the patent application, the patent should be commercially valuable during its entire remaining legal life of 18 years and is currently worth $378,000 c. A franchise granting exclusive distribution rights for a new solar water heater within a three-state area for four years was obtained at a cost of $67,500 Satisfactory sales performance over the four years permits renewal of the franchise for another four years (at an additional cost determined at renewal). General Journal Description Debit Credit Ref. 0 0 0 To record patent amortization . 0 0 0 0 To record patent amortization o 0 0 0 To record franchise amortization Please answer all parts of the question Next

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