F3M4 Flashcards by Alex Heston | Brainscape

Q

Equipment charges: Expensed or capitalized

Additions: increase the quantity

A

Capitalized

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Q

Equipment charges: Expensed or capitalized

Improvement/replacement that increases life

A

Reduce Accumulated depreciation

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Q

Equipment charges: Expensed or capitalized

Improvement/replacement that increases usefulness

A

Capitalized

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Q

Equipment charges: Expensed or capitalized

Ordinary repair

A

expense

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Q

Equipment charges: Expensed or capitalized

extraordinary repair that increases life

A

reduce accumulated depreciation

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Q

Equipment charges: Expensed or capitalized

Extraordinary repair that increases usefulness

A

capitalized

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Q

A

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