Accountıng Iı Deneme Sınavı Sorusu #1032534

Anadolu Co. signs a contract with a car-design company and renovates the interior of the minivan for the customers. Anadolu Co. pays 100,000 for renovation. How will Anadolu Co. record this expenditure in the journal?


Records as an advances paid

Records as a renovation expense

Records as a depreciation

Records as the repair and maintenance expense

Records as Cost of Goods Sold


Yanıt Açıklaması:

It is recorded as the renovation expense of minivan. The correct answer is B.

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