Revenue and Capitol Expenditure

QS 8-11 (Algo) Revenue and capital expenditures LO C3 a. Paid $64,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $320 cash per truck for the cost of their annual tune-ups. c. Paid $256 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to a building for $360,000 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 Journal entry worksheet 1 2 3 4 Paid $64,000 cash to replace a motor on equipment that extends its useful life by four years. Prepare the journal entries to record the four transactions from part 1. View transaction list Journal entry worksheet 1 2 N 3 4 Paid $320 cash per truck for the cost of their annual tune-ups. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Prepare the journal entries to record the four transactions from part 1. View transaction list Journal entry worksheet