Essay
Indicate whether each of the following items normally would be considered a capital expenditure (C) or a revenue expenditure (R).
_____ 1. Oil change for company vehicle
_____ 2. Replacement of a few roof shingles
_____ 3. Cost to overhaul the heating system
_____ 4. Battery replacement for company vehicle
_____ 5. Painting factory walls
_____ 6. Installation of expensive paneling in executive offices
Correct Answer:
Verified
Correct Answer:
Verified
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