Which of the following subsequent expenditures would be capitalized?
A) Ordinary repair.
B) Costs that increase the service life of an asset.
C) Routine maintenance.
D) Ordinary repair and routine maintenance.
Answer: B
A) Ordinary repair.
B) Costs that increase the service life of an asset.
C) Routine maintenance.
D) Ordinary repair and routine maintenance.
Answer: B
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