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:

Channels of Communication

The methods or systems used to convey messages or information from one person or entity to another within an organization.

Comparable Salaries

Wages or earnings that are similar or equivalent, often referenced in context to industry standards or positions within similar organizations.

Local Competitors

Businesses within the same geographic area that offer similar products or services and compete for the same customer base.

Managers

Individuals in charge of directing and overseeing the activities of a group or organization to achieve specific objectives.