Ordinary Repairs vs. Capital Improvements Video Lessons

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Problem: The side racks on a delivery truck were extended in height from 3 feet to 6 feet, at a cost of $800. This is an example of a. a revenue expenditure. b. a capital expenditure. c. an ordinary repair and maintenance expenditure. d. an extraordinary repair.

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Problem Details

The side racks on a delivery truck were extended in height from 3 feet to 6 feet, at a cost of $800. This is an example of

a. a revenue expenditure.

b. a capital expenditure.

c. an ordinary repair and maintenance expenditure.

d. an extraordinary repair.

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