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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

  • The cost to rebuild the engine of a machine after 5 years of use would be a capital expenditure

  • The cost to repair a 2 year old machine would be debited to repairs expense.

  • The cost to ship a new piece of equipment would be debited to shipping expense

  • Cost to assemble equipment before use would be a capital expenditure.

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