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Financial Accounting

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Capital Expenditures vs Expenses: Repairs and Maintenance Items

FINACT-0X7T1H

Which of the following items will be expensed currently as repairs and maintenance expenses?

Select ALL that apply.

A

Transportation costs to have a new machine delivered.

B

Installation costs of a new machine.

C

Periodic oil changes for a delivery van.

D

New set of tires for the company car.

E

Major component was replaced that will increase a machine’s capacity from 8 units per hour to 12 units per hour.

F

Carpeting is replaced at the company’s headquarters.