Home » Business & Finance » Homework Help Classof1 » Identification of Capital or Revenue Expenditure

February 14 , 2010

Identification of Capital or Revenue Expenditure


"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 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.

Download fb2

Read also

Financial Consolidation Accounting

Crane Mechanics acquired 75 percent of Downey Enterprises on March 31, 2005, for $3,645,000. Downey’s book value at that date totaled $4,000,000. Appraisal values were greater than book values for identifiable assets in the following amounts: Inventory ($300,000) and Plant and Equipment ($700,000). The purchase differential for Inventory is to be…

How to download book

Buy this book

You can buy this book now only for $5.99. This is the lowest price for this book.

Buy book

Download book free

If you want to download this book for free, please register, approve your account and get one book for free.


After that you may download book «Identification of Capital or Revenue Expenditure»:

Download MS Word:


Download Torrent: