Which of the Following Should Be Recorded as an Expense

Multiple Choice

Which of the following should be recorded as an expense in the period when the activity takes place?

A) Nationwise,Inc.routinely replaces the wiper blades on its fleet of delivery trucks.
B) ResolCo paid $100,000 to buy a new piece of equipment.
C) Revel,Inc.paid $10,000 to overhaul and improve a machine to make it last longer.
D) Rondeaux Company paid $50,000 for the exclusive right to manufacture a product.