Question

Classify the following items as either a capital expenditure or a revenue expenditure (an expense):
1. Changed oil in the delivery truck
2. Replaced the engine in the delivery truck
3. Paid sales tax on the new delivery truck
4. Installed a new, similar roof on the office building
5. Paid freight and installation charges for a new computer system
6. Repainted the administrative offices
7. Purchased and installed a new toner cartridge in the laser printer
8. Replaced several missing shingles on the roof
9. Trained an employee prior to using the new comp



$1.99
Sales0
Views25
Comments0
  • CreatedSeptember 01, 2014
  • Files Included
Post your question
5000