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capitalize definition

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.

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June 1, 2019 at 4:55 pm #518248
foeldh123
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when we say capitalize, does it mean it will go to asset ?
June 2, 2019 at 7:50 am #518331
Kim Smith
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Capital expenses are recognised as assets … hence “To capitalise expense”.
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