A repair that extends the useful life of an asset would be considered a(n):
A)extraordinary repair.
B)ordinary repair.
C)betterment.
D)capital expense.

Name: A repair that extends the useful life of an asset would be considered a(n): A)extraordinary repair. B)ordinary repair. C)betterment. D)capital expense.
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Question

Quizplus · Accepted Answer

Extraordinary repairs are those that extend the useful life of an asset, thus they are capitalized rather than expensed.

A Repair That Extends the Useful Life of an Asset