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accounting is the death of me...
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expenditures capitalized as long-lived assets generally include those expenditures that:
a. aremost made for normal repairs to maintain the usefulness of the asset overa number of years
b. are for items that have a physical life of mroe than a year, regarless of their cost
c. are material and that have an economic benefit to te entity only in the current year.
d. are material and that have an economc benefit to the entity that extends beyond the current year
thank you in advance
a. aremost made for normal repairs to maintain the usefulness of the asset overa number of years
b. are for items that have a physical life of mroe than a year, regarless of their cost
c. are material and that have an economic benefit to te entity only in the current year.
d. are material and that have an economc benefit to the entity that extends beyond the current year
thank you in advance
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