Question $4$

$1$ pts

Question $4$

Which of the following expenditures are capital expenditures

$($a$)$ Replacement of worn out gears on factory machinery.

$($b$)$ Construction of a new wing on an office building.

$($c$)$ Painting the exterior of a building.

$($d$)$ Oil change on a company truck

$($b$)$ Construction of a new wing on an office building.

$($a$)$ Replacement of worn out gears on factory machinery.

$($c$)$ Painting the exterior of a building.

$($d$)$ Oil change on a company truck

Question $5$

$1$ pts

Which item belongs in the Statement of Financial Position

a$.$ Land Improvements

b$.$ Motor expenses

c$.$ Depreciation expense

d$.$ Rent and Rates expense

a$.$ Land Improvements

b$.$ Motor expenses

c$.$ Depreciation expenses

d$.$ Rent and rates expense