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1 Required: American Golf Corporation operates golf courses throughout the country. For each of...

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Accounting

1 Required:
American Golf Corporation operates golf courses throughout the country. For each of the following items, select whether the cost should be capitalized or expensed.
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\table[[Transactions,],[1. Purchased a golf course in Orange County, California.,],[2. Paid a landscaping company to apply fertilizer to the fairways on its Coyote Hills Golf Course.,],[3. Hired a building maintenance company to build a 2,000-square-foot addition on a clubhouse.,Capitalize],[4. Hired a building maintenance company to replace the locks on a clubhouse and equipment shed.,Expense]]
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