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Value of Capital Assets Costs that are related to fixed assets are sometimes capitalized (or added to the cost assets), and sometimes expensed (recorded as
Value of Capital Assets Costs that are related to fixed assets are sometimes capitalized (or added to the cost assets), and sometimes expensed (recorded as an expense). For each event, select "expense" or "capitalize Events Expense Capitalize Repaired building roof. $300 Replaced building roof, 59000 Purchased building, $150,000 Painted the interior of the building. 5600 Paid legal fees for building's purchase. $1000 Added a new wing to the building. $45.000 Purchased a truck $35.000 Paid for all change for the truck. $30 Rebuilt the engine of the truck 5000 Paid for yearly insurance for the truck. $1200 Bought machinery $55.000 Paid for installation of machinery. $2,000 Paid for inspection of new machinery, $800 Paid for short-term insurance on the transportation of the machinery from the manufacturer to the plant, $100 oldaloqalap doldolgolo ololololololololololo Paid for yearly machinery tune-up. 575 Number each line 1 to 15 and place an "E" if you would Expense the item or a "C" if you would Capitalize it
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