Accountıng Iı Deneme Sınavı Sorusu #1043582

Which of the following does not increase the capacity or efficiency of an asset or extend its useful life and are reported on the income statement as an expense in the period incurred?

Land Improvements

Administrative Expenses

Revenue expenditures

Removal of Ruins

Capital expenditure

Yanıt Açıklaması:

The ordinary repairs are called revenue expenditures (income statement expenditures). Revenue expenditures do not increase the capacity or efficiency of an asset or extend its useful life and are reported on the income statement as an expense in the period incurred. The correct answer is C.

PAYLAŞ:

SORUNUN CEVABI: C

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Accountıng Iı Deneme Sınavı Sorusu #1043582

Which of the following does not increase the capacity or efficiency of an asset or extend its useful life and are reported on the income statement as an expense in the period incurred?

SORUNUN CEVABI: C

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