A major expenditure made to equipment that extends its useful life beyond the original estimate is journalized by

Debit : Equipment and Credit : Cash

Explanation:

Major expenditure made to equipment that extends its useful life meets the definition and recognition criteria of assets.

The definition and recognition criteria of assets read as follows in the conceptual framework : Definition - An Asset is an economic resource that is controlled by the entity as a result of a past event from which economic benefits are expected to flow into the entity.

The major expenditure, will ensure further flow of economic benefits into the entity beyond the estimated useful life. Hence the cost is capitalized, included in the cost of the asset.

it established new limitations on use and disclosure for marketing purposes, prohibited selling medical information, expanded individuals’ rights to accessing their own information, and to obtain restrictions from certain disclosures of protected heath information to health plans.

true basically. have an awesome day ya'll.