Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.
Cross Country Trucking Company recently replaced the oil filter on one of its cross country rigs. How should one account for this cost?
a. As a repair and maintenance expense.
b. As an increase in the cost of the truck.
c. As a reduction in accumulated depreciation associated with the truck.
d. As an intangible asset.
A. as a repair and maintenance expense
The answer is A. As a repair and maintenance expense.
