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  3. #25) identify each of the following items as eithe

#25) Identify each of the following items as either a capital expenditure(C), Expense on the...

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Accounting

#25) Identify each of the following items as either a capital expenditure(C), Expense on the income statement(E) or Neither(N)

Type of Expenditure Transaction

1. Purcahse a computer and a peripheral equipment for $25,600 cash.

2. Paved a parking lot on leased property for $100,000.

3. Reparied pliumbing in main plant, paying $150,000 cash.

4. Purchse equipmenty for new manufacturing plant, $5,000,000;

financed with long-term note.

5. Paid $50,000 in cansh for installation of equipment in (4).

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