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Capital Expenditures and repairs and maintenance expenses are recorded on the financial statements differently.

Capital expenditures are recorded as debits to an
Select Option assetexpense
on the
Select Option Balance SheetIncome Statement
because these types of expenditure provide
Select Option only currentcurrent and future
benefits to the company that owns them. Repairs and maintenance expenditures are recorded as debits to an
Select Option assetexpense
on the
Select Option Balance SheetIncome Statement
because these types of expenditure provide
Select Option only currentcurrent and future
benefits to the company that owns them.
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