!!!!!!!Explain why the answer is C. Please answer it as detail as possible!!!!!!!! 3....
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Accounting
!!!!!!!Explain why the answer is C. Please answer it as detail as possible!!!!!!!!
3. If an expenditure is treated as a capital expenditure, instead of as a revenue expenditure, which of the following statements is true? A) The current year's net income will be lower and future depreciation expense will be higher. B) The current year's net income will be higher and future depreciation expense will be lower C) The current year's net income will be higher and future depreciation expense will be higher. D) The current year's net income will be lower and future depreciation expense will be lower
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!!!!!!!Explain why the answer is C. Please answer it as detail as possible!!!!!!!!