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Operating Expense = It will be incurred every year of the business Capital Expense = It... View the full answer

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The answer is... View the full answer

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1) Operating Expenditure Capital Expenditure Repaired building roof -1500 Replaced building Roof - 27500 Purchased Supplies -... View the full answer

BE9-3 (a) Operating expenditure (b) Capital expenditure (c) Capital expenditure (d) Capital expenditure (e) Operating... View the full answer

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E
G
H
BE9-4
Asset
Estimated Fair value
Allocation % (A)
Total Purchase amount (B)
Recorded Amount (A x B)
Land
3,52,000
40.00%
8,50,000
340000
Building
3,96,000
45.00%
8,50,000
382500
Equipment...

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Depreciation Schedule
Year
Book Value Depreciation Depreciation Accumulated Book Value
Year Start
Percent
Expense
Depreciation
Year End
2017
$42,000.00
40.00%
$16,800.00
$16,800.00
$25,200.00
2018...

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