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Exeter Corporation purchased a piece of equipment with a price of $80,000 on March 1, 2018.The amounts below are related to the equipment purchase.Match the items below and explain why each revenue expenditure is not capitalized.
-$3,000 freight costs were paid to ship the equipment from the manufacturer.
State of Health
A description of an individual's overall health and well-being, considering physical, mental, and emotional aspects.
Lifestyle
The way in which a person or group lives, including patterns of social relations, consumption, entertainment, and dress.
Sleep Disorders
Conditions that affect the quality, timing, or duration of sleep, leading to daytime distress and impairment in functioning.
Developmental Stages
The phases through which an individual progresses from infancy to maturity, encompassing physical, cognitive, and emotional growth.
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