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Which of the following is NOT true? Multiple Choice The cost to rebuild the engine of a machine after 5 years of use would be
Which of the following is NOT true?
Multiple Choice
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The cost to rebuild the engine of a machine after 5 years of use would be a capital expenditure
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The cost to repair a 2 year old machine would be debited to repairs expense.
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The cost to ship a new piece of equipment would be debited to shipping expense
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Cost to assemble equipment before use would be a capital expenditure.
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