Capitalization vs expensing

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January 2, 2018 at 8:39 pm #427045
zkaay
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Hi tutor,

Can u plz tell me when / which cases we apply each of these ?

Thanks
January 8, 2018 at 10:03 pm #427933
P2-D2
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Hi,

We’d capitalise the cost if it is directly attributable cost of getting the asset into its working condition, for use as intended. You can find this in IAS 16.

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