Multiple Choice
Which of the following must be capitalized by a business?
A) Replacement of a windshield of a business truck which was broken in an accident.
B) Repair of a roof of a building used in business.
C) Amount paid for a covenant not to compete.d. Only b. and c. must be capitalized.e. a., b., and c. can be expensed rather than capitalized.
Correct Answer:
Verified
Correct Answer:
Verified
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