XYZ Co. incurred the following costs related to the office building used in operating its sports supply company:

Classify each of the costs as a capital expenditure or a revenue expenditure. For those costs identified as capital expenditures, classify each as an additional or replacement component.

Question

XYZ Co. incurred the following costs related to the office building used in operating its sports supply company:
 
Classify each of the costs as a capital expenditure or a revenue expenditure. For those costs identified as capital expenditures, classify each as an additional or replacement component.

Quizplus · Accepted Answer

The Answer of XYZ Co. incurred the following costs related to the office building used in operating its sports supply company:
 
Classify each of the costs as a capital expenditure or a revenue expenditure. For those costs identified as capital expenditures, classify each as an additional or replacement component.

XYZ Co Incurred the Following Costs Related to the Office Building