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Ordinary repairs meet all of the following criteria except : a Are expenditures to keep an asset in normal operating condition. b Are necessary if
Ordinary repairs meet all of the following criteria except:
a Are expenditures to keep an asset in normal operating condition.
b Are necessary if an asset is to perform to expectations over its useful life.
c Extend the useful life of an asset beyond its original estimate.
d Include cleaning, lubricating, and normal adjusting.
e Are treated as expenses.
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