- This topic has 3 replies, 2 voices, and was last updated 6 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
What do these statements mean?
1) “Intangible assets are capitalized”
2) “defer the expense”1. It means record intangible assets in the Statement of Financial Position as non-current assets.
2. Defer means delay. So deferring an expense means recording it in a later period.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.