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Part A (4 marks) For each of the following items, indicate whether these expenditures incurred subsequent to acquisition, should be capitalised or expensed in the
Part A (4 marks) For each of the following items, indicate whether these expenditures incurred subsequent to acquisition, should be capitalised or expensed in the period when it as incurred by placing an "X" in the appropriate cell in the table below. 1. $7,000 paid to replace a wooden floor with a concrete floor. 2. $700,000 paid for relocating company headquarters 3. $6,000 to replace 18 tires on a trailer 4. $200,000 paid for an addition to a building Capitalised Expensed
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