Classify Each of the Following Expenditures as Capital Expenditure (CE)or

question 51

Short Answer

Classify each of the following expenditures as capital expenditure (CE)or revenue expenditure (RE).
1.________ Repair of transmission or engine
2.________ Sales tax paid on the purchase price
3.________ Training of personnel for initial operation of machinery
4,________ Modification for new use

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Definitions:

Concise Language

The use of few words to convey much information or meaning, avoiding unnecessary details or filler words.

Cardiovascular Danger

A term referring to the risk factors that can lead to diseases affecting the heart and blood vessels.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured for diagnosis since it is closely related to the force and rate of the heartbeat.

Consistency

The quality of achieving a level of performance which does not vary greatly in quality over time.