1 classify the following as either revenue or capital


1. Classify the following as either revenue or capital expenditures. 

a. Paid $ 40,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years. 

b. Paid $ 200 cash per truck for the cost of their annual tune ups. 

c. Paid $ 175 for the monthly cost of replacement filters on an air conditioning system. 

d. Completed an addition to an office building for $ 225,000 cash. 

2. Prepare the journal entries to record transactions a and d of part 1. 

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Accounting Basics: 1 classify the following as either revenue or capital
Reference No:- TGS01198108

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