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Identification of Capital or Revenue Expenditure By Homework Help Classof1
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"A. Purchased land and a building at a cost of $750,000 by paying $200,000 down and signing a 2 year note payable for the remainder. B. Spent $235 on a tune-up for a truck used in making... More > deliveries. C. The owner of a restaurant paid a plumber $400 to install a new dishwasher in the kitchen. D. Paid $1,300 in sales tax on a new delivery van when registering the van at the Registry of Motor Vehicles. E. A new machine was accidently damaged during installation. The Uninsured cost to repair the machine was $1,250. "< Less