Indicate whether each of the following expenditures should be classified as:
-Electricity cost during first year
A)land (L)
B) land improvements (LI)
C) buildings (B)
D) equipment (E)
E) none of these (X)

Question

Quizplus · Accepted Answer

Electricity cost during the first year is an operational expense, not a capital expenditure, and does not fall into categories of land, land improvements, buildings, or equipment.

Indicate Whether Each of the Following Expenditures Should Be Classified