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which of the following would constitute a Betterment (Improvement) Replacement of expensive cables and pulleys Installation ct additional advanced lighting system technology Safety inspection fec

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which of the following would constitute a Betterment (Improvement) Replacement of expensive cables and pulleys Installation ct additional advanced lighting system technology Safety inspection fec Lubrication of all moving parts Question 18 4 pts We Move It, Inc.'s delivery truck, originally costing 570,000 with a 7 year life and no salvage value was substantially overhauled at a cost of $25,000. This expenditure returned the truck to a like-new condition. At the time of the overhaul the recorded net book value of the truck was $30,000. The entry to record the overhaul would include: A credit to Accumulated Depreciation for $25.000 A debit to the truck (Asset) for $25.000 Adebit to Accumulated Depreciation for $25.000 A debit to repairs expense for $25,000 Question 19 4 pts Accounting gains and losses on the disposal of depreciable assets are determined by comparing Othere's book value and the net disposal proceeds o the original cost and the net disposal proceeds the original cost and the replacement cost the original cost and the asset's book value

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