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For each of the following transactions, select the correct type of expenditure. TransactionsTypeofExpenditure??(1)Purchasedapatent$4300cash.?(2)Paid$10000formonthlysalaries.??(3)Paidcashdividends$20000.?(4)Purchasedamachine$7000;gavealong-termnote.?(5)Paidthree-yearinsurancepremium$900.??(6)Paidforroutinemaintenance$200oncredit.?(7)Paid$400forordinaryrepairs.???(8)Paid$6000forimprovementsthatlengthenedtheasset'sproductivelife.??(9)Paid$20000cashforadditiontooldbuilding.??

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Accounting

For each $o f$ the following transactions, select the correct type $o f$ expenditure.

$\begin{matrix} T r a n s a c t i o n s & T y p e o f E x p e n d i t u r e \\ ? & ? \\ (1) P u r c h a s e d a p a t e n t & $ 4 \\ 300 c a s h . & ? \\ (2) P a i d $ 10 & 000 f o r m o n t h l y s a l a r i e s . \\ ? & ? \\ (3) P a i d c a s h d i v i d e n d s & $ 20 \\ 000 . & ? \\ (4) P u r c h a s e d a m a c h i n e & $ 7 \\ 000; g a v e a l o n g - t e r m n o t e . & ? \\ (5) P a i d t h r e e - y e a r i n s u r a n c e p r e m i u m & $ 900 . \\ ? & ? \\ (6) P a i d f o r r o u t i n e m a i n t e n a n c e & $ 200 \\ o n c r e d i t . & ? \\ (7) P a i d $ 400 f o r o r d i n a r y r e p a i r s . & ? \\ ? & ? \\ (8) P a i d $ 6 & 000 f o r i m p r o v e m e n t s t h a t l e n g t h e n e d t h e a s s e t' s p r o d u c t i v e l i f e . \\ ? & ? \\ (9) P a i d $ 20 & 000 c a s h f o r a d d i t i o n t o o l d b u i l d i n g . \\ ? & ? \end{matrix}$

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