QUESTION 9 Extraordinary repairs Are expenditures that extend an asset's useful life beyond its original estimate Are additional costs of plants assots that do not materially increase the assets le Are revenue expenditures Are credited to accumulated depreciation Are expensed when incurred QUESTION 10 Martinez owns machinery that cost $87.000 with accumulated depreciation of 540,000. The company oth the machinery for cash of $42.000. The Journal entry to record the sale would include A credit to Accumulated Depreciation of $40,000 A debit to Accumulated Depreciation of $47.000 A credit to Machinery of $47.000 Adabit to Cash of $42.000 Acredit to Gain on Sale of $2000