A major expenditure increased a truck's life beyond the original estimate of life. GAAP permits the expenditure to be debited to:
A) Repairs.
B) Accumulated depreciation.
C) Major repairs.
D) None of these answer choices are correct.

Question

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The Answer of A major expenditure increased a truck's life beyond the original estimate of life. GAAP permits the expenditure to be debited to:
A) Repairs.
B) Accumulated depreciation.
C) Major repairs.
D) None of these answer choices are correct.

A Major Expenditure Increased a Truck's Life Beyond the Original