Which of the following ordinarily would be treated as a revenue expenditure rather than a capital expenditure?
A) Repair and maintenance on buildings
B) The replacement of a major component of a building
C) An addition to an existing building
D) Rearrangement costs that are identifiable,material,and are expected to provide discernable future benefits

Question

Quizplus · Accepted Answer

Repair and maintenance on buildings are routine expenses needed for the upkeep and normal operation of the building, and are therefore considered revenue expenditures.

Which of the Following Ordinarily Would Be Treated as a Revenue