What Is an Extraordinary Repair to a Building

question 43

Multiple Choice

What is an extraordinary repair to a building?

• A) It is a revenue expenditure and it is debited to an expense account.
• B) It is a capital expenditure and it is debited to an asset account.
• C) It is a capital expenditure and it is debited to an expense account.
• D) It is a revenue expenditure and may be debited to accumulated depreciation.

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