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Business, 28.11.2019 03:31 shanicar33500

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.1. classify the above transactions as either a revenue expenditure or a capital expenditure. 2. prepare the journal entries to record transactions a and d.

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