Copy, paste, and answer each question for your Chapter 9 post (150 words minimum, please...
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Accounting
Copy, paste, and answer each question for your Chapter 9 post (150 words minimum, please use your own words):
- Explain the difference between an ordinary repair versus an improvement for a fixed asset. How are they treated differently on the financial statements?
- Give five examples of ordinary repairs to a vehicle (car).
- Give five examples of improvements for a vehicle (car).
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