Which of the following is not true of ordinary repairs?

Name: Which of the following is not true of ordinary repairs?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ordinary repairs are expenditures made to maintain the expected productive life of an asset and to keep the asset in its normal operating condition. They are also referred to as revenue expenditures because they are expensed in the current accounting period. However, they do not increase the productive capacity of the asset, which would be classified as a capital expenditure.

Which of the Following Is Not True of Ordinary Repairs