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Adding paneling to the body of an open pickup truck would be classified as a(n) revenue...

Adding paneling to the body of an open pickup truck would be classified as a(n)

revenue expenditure.
improvement.
addition.
ordinary repair.
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Answer #1

Option Addition is the Correct answer because Improvements , Ordinary repair are the revenue expenditures but Paneling is the capital expenditure which is long term nature expenditure that is not incurred in day to day running activity and Additions in capital assets are also the capital nature expenditure.

Therefore, Addition is the correct answer.

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