Required Record the $6,680 expenditure in the statements model under each of the...
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Accounting
Required Record the $6,680 expenditure in the statements model under each of the following independent assumptions: (In the Cash Flow column, use the initials "OA" for operating activities, "FA" for financing activities, "IA" for investing activity and "NA" for no affect. Enter any decreases to account balances with a minus sign.) a. The expenditure was for routine maintenance b. The expenditure extended the compressor's life c. The expenditure improved the compressor's operating capacity. Assets Stockholders' Equity Common RevenueExpenses Net Income Cash Flow Book Value of Compressor +Retained Earnings Cash 12,980+ 59.6001 = 22,300+ 50,280 NA
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