Business, 02.11.2020 16:50, makenziehook8

QS 8-9 Revenue and capital expenditures LO C3 Paid $44,000 cash to replace a motor on equipment that extends its useful life by four years. Paid $220 cash per truck for the cost of their annual tune-ups. Paid $176 for the monthly cost of replacement filters on an air-conditioning system. Completed an addition to a building for $247,500 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record transactions a and d.

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QS 8-9 Revenue and capital expenditures LO C3 Paid $44,000 cash to replace a motor on equipment that...