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How are ordinary repair expenditures handled on a depreciating asset? For example an oil change...

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Accounting

How are ordinary repair expenditures handled on a depreciating asset? For example an oil change on a truck.

A. GAAP prohibits ordinary repair expenses

B. Not reported and handled via petty cash

C. Debited to maintenance and repairs expense as incurred

D. Capitalized and depreciated with the asset

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