Examlex
The table shows the numbers (in thousands) of residents from 2002 through 2007.
Find the first differences of the data shown in the table.
Extraordinary Repairs
Infrequent expenditures that extend an asset’s life (such as a new engine in a car).
Betterments
Improvements that increase the efficiency of an asset by adding accessories or replacing parts with more effective/powerful ones.
Revenue Expenditures
Expenses incurred during the normal operation of a business that are expected to be consumed within the same accounting period.
Capital Expenditures
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.
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