Question

Classify the following items as either a capital expenditure or a revenue expenditure (expense):
1. Changed the filter in the moving van
2. Painted the moving van
3. Paid sales tax on the new moving van
4. Installed a new energy-efficient air-conditioning system for the office building
5. Cleaned and lubricated sewing equipment
6. Performed routine yearly maintenance on copy machine
7. Purchased and installed a new set of energy-efficient deep fryers
8. Replaced several cracked tiles in company bathroom floor
9. Trained an employee prior to using the new energy-efficient deep fryers
10. Replaced the tires on the moving van



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  • CreatedSeptember 01, 2014
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