A Capital Expenditure Is

question 39

Multiple Choice

A capital expenditure is:

• A)debited to an expense account.
• B)credited to an expense account.
• C)debited to an asset account.
• D)debited to a stockholders' equity account.

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Definitions:

Volcanic Neck

A column of solidified lava or magma that formed in the vent of a volcano and became exposed through erosion.

Igneous Feature

A geological formation that results from the solidification and crystallization of magma or lava, such as volcanoes or granite intrusions.

Batholith

A large mass of intrusive igneous rock, often granitic, that has solidified deep in the Earth's crust.

Decompression Melting

A geologic process where melting occurs due to a decrease in pressure as rock rises closer to the surface, without a change in temperature.