Business Technology Question
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Indicate whether the following expenditures were expensed (E) or capital (C) in nature:
1. Broken window was replaced in the office. Expense
2. An addition to the office was built during the year. Capital
3. A major repair, which extended the life of a machine, was made during the year. Capital
4. A transmission in a truck was replaced during the year. Expense
5. A wastebasket was purchased during the year. Expense
1. Broken window was replaced in the office. Expense
2. An addition to the office was built during the year. Capital
3. A major repair, which extended the life of a machine, was made during the year. Capital
4. A transmission in a truck was replaced during the year. Expense
5. A wastebasket was purchased during the year. Expense