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QUESTION
A new engine is installed for $2,750 in a work truck. This expenditure would be an example of a(n) ________ because it extends the useful life of the...
A new engine is installed for $2,750 in a work truck. This expenditure would be an example of a(n) ________ because it extends the useful life of the truck.
extraordinary repair
maintenance expense
prepaid expense
ordinary repair
