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Which of the following statement is false? Capital expenditure is capitalized. Revenue expenditure is expensed immediately. $40 spent on a stapler is a capital expenditure.

Which of the following statement is false?

Capital expenditure is capitalized.

Revenue expenditure is expensed immediately.

$40 spent on a stapler is a capital expenditure.

$500 spent on repairing a delivery vehicle is a revenue expenditure.

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