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Question #6_(10 marks) Part A (4 marks) For each of the following items , indicate whether these expenditures incurred subsequent to acquisition, should be capitalised
Question #6_(10 marks) 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. Capitalised Expensed 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
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