Question: Identify whether the following costs should be treated as a capital expenditure or a revenue expenditure when they are incurred. a. $13,000 paid to rearrange
Identify whether the following costs should be treated as a capital expenditure or a revenue expenditure when they are incurred.
a. $13,000 paid to rearrange and reinstall machinery
b. $400 paid for a tune-up and oil change on a delivery truck
c. $200,000 paid for an addition to a building
d. $7,000 paid to replace a wooden floor with a concrete floor
e. $4,000 paid for a major overhaul that extends the useful life of a truck
f. $700,000 paid for relocating company headquarters
g. $6,000 to replace 18 tires on a trailer
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