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accounting is the death of me...

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crazecheeca | 20:50 Tue 02nd Jun 2009 | Business & Finance
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expenditures capitalized as long-lived assets generally include those expenditures that:
a. aremost made for normal repairs to maintain the usefulness of the asset overa number of years
b. are for items that have a physical life of mroe than a year, regarless of their cost
c. are material and that have an economic benefit to te entity only in the current year.
d. are material and that have an economc benefit to the entity that extends beyond the current year


thank you in advance
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wots the question?


a.
This seems a pretty basic question. Maybe you should enrol on an accounting course?

In the meantime, if you let me know what you think the answer might be and give a reason, i may coment on your answer.

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accounting is the death of me...

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