Which of the following is not a tangible capital asset? Select one: O a Buildings b. Land O c. Copyrights d. Equipment When capitalizing the cost of a purchased asset, all of the following cost should be included in capitalization except for Select one a subsequent ordinary repairs and maintenance cost that doesn't extend the useful life of the asset. b. set up costs c. legal costs d shipping costs The correct entry to record the annual depreciation expense for a long-term asset is Select one a. Dr Accumulated depreciation. Cr. Equipment b. Dr. Depreciation expense. Cr Accumulated depreciation c. Dr Accumulated depreciation. Cr. Long Term asset d. Dr Depreciation expense. Cr. Long Term asset