QS 8-9 (Algo) Revenue and capital expenditures LO C3 a. Paid $70,000 cash to replace...
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QS 8-9 (Algo) Revenue and capital expenditures LO C3 a. Paid $70,000 cash to replace a motor on equipment that extends its useful life by four years. b. Paid $350 cash per truck for the cost of their annual tune-ups. c. Paid $280 for the monthly cost of replacement filters on an air-conditioning system d. Completed an addition to a building for $393,750 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record the four transactions from part 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Classify the above transactions as either a revenue expenditure or a capital expenditure. Transaction a b d
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