Which of the following are capital expenditures and which are ordinary and necessary business expenses?
(a.) Costs incurred to make improvements to a building to make it accessible to handicapped citizens as mandated by federal law.
(b.) Costs incurred to convert an oﬃce building into a night club. (c.) Costs incurred to train new employees.
(d.) Costs to repair a leak in the roof of an oﬃce building.

Question

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The Answer of Which of the following are capital expenditures and which are ordinary and necessary business expenses?
(a.) Costs incurred to make improvements to a building to make it accessible to handicapped citizens as mandated by federal law.
(b.) Costs incurred to convert an oﬃce building into a night club. (c.) Costs incurred to train new employees.
(d.) Costs to repair a leak in the roof of an oﬃce building.

Which of the Following Are Capital Expenditures and Which Are