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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
TLR Inc. has installed a piece of machinery for a total of $76,000. In its third month of operation, repairs of $1,300 had to be made on the machine. This $1,300 would be:
A) added to the cost of the machinery.
B) treated as a repairs and maintenance expense.
C) capitalized in an asset account.
D) deducted from cost of the machinery.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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#2
6 years ago
Thank you so much

I wish I knew about this years ago
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