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QS 8-9 (Algo) Revenue and capital expenditures LO C3 a. Paid $50,000 cash to replace a motor on equipment that extends its useful life by
QS 8-9 (Algo) Revenue and capital expenditures LO C3 a. Paid $50,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $250 cash per truck for the cost of their annual tune-ups. c. Paid $200 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $281,250 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record the four transactions from part 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the four transactions from part 1. View transaction list > 1 Paid $50,000 cash to replace a motor on equipment that extends its useful life by four years. 2 Paid $250 cash per truck for the cost of their annual View transaction list > 1 Paid $50,000 cash to replace a motor on equipment that extends its useful life by four years. 2 Paid $250 cash per truck for the cost of their annual tune-ups. 3 Paid $200 for the monthly cost of replacement filters on an air-conditioning system. Credit 4 Completed an addition to a building for $281,250 cash. Accumulated amortization Accumulated depletion Note : = jouri Accumulated depreciation Record en Amortization expense View general journal
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