Home / Questions / For each of the following expenditures, indiacate the type of account
For each of the following expenditures, indicate the type of account in which the expenditure should be recorded. Explain your answers.
(A) 15,000 annual cost of routine repair and maintenance expenditures for a fleet of delivery vehicles.
(B) 60,000 cost to develop a coal mine, from which an etimated1 million tons of coal can be extracted.
(C) 124,000 cost to replace the roof on a building.
(D) 70,000 cost of a radio and t.v. advertising campaignto introduce a new product line.
(E) 4,000 cost of grading and leveling land so that a buildingcan be constructed.
Apr 30 2018 Read more Less More
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