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  3. 1. classify the following as either a revenue expe

1. Classify the following as either a revenue expenditure (RE) or a capital expenditure (CE)...

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Accounting

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1. Classify the following as either a revenue expenditure (RE) or a capital expenditure (CE) as 8-8 expenditures C3 a. Paid $40,000 cash to replace a compressor on a refrigeration system that extends its useful life Revenue and capital by four years. b. Paid $200 cash per truck for the cost of their annual tune-ups. c. Paid $175 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to an office building for $225,000 cash. 2. Prepare the journal entries to record transactions a and d of

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