Revenue expenditures: Extend the asset's useful life.

Revenue expenditures: Extend the asset's useful life. Are additional costs of plant assets that do not materially increase the asset's life or its productive capabilities. Substantially benefit future periods. Are debited to asset accounts when incurred. Are known as balance sheet expenditures because they relate to plant assets.

• #education
• #revenue_expenditures_extend_the_assets_useful_life
• #substantially_benefit_future_periods_are_debited_to_asset_accounts_when_incurred
• #are_known_as_balance_sheet_expenditures_because_they_relate_to_plant_assets