9 for each of the following items identify whether they are a capital expenditure or 4306604

9 for each of the following items identify whether they are a capital expenditure or 4306604

9) For each of the following items, identify whether they are a capital expenditure or an expense:

a. Built a new elevator in the office building.

b. Acquired a trademark.

c. Incurred research and development expense to develop a patent.

d. Modified a machine, thus extending its useful life and capabilities.

e. Paid wages for the janitorial workers.

f. Paid for a new roof on the building.

g. Paid for a month's utilities in the office building.

h. Replaced the furnace in the office building.

i. Replaced the carpeting in the office building.

10) For each of the following items, identify whether they are a tangible or intangible asset. In addition, if the asset is long-lived, identify whether it is depreciated, amortized, or depleted. If the asset is not a long-lived asset, identify it as a current asset.

Tangible/ Depreciated/

Intangible /Current Amortized/Depleted

1) Natural gas reserves __________________ __________________

2) Warehouse forklift __________________ __________________

3) Computers held for resale __________________ __________________

4) Copyrights __________________ __________________

5) Land __________________ __________________

6) Delivery truck __________________ __________________

7) Trademarks __________________ __________________

8) Oil and coal __________________ __________________

9) Building __________________ __________________

10) Building owned by a real estate company;

Building for sale __________________ __________________

11) Accounts receivable __________________ __________________

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