Expensing or Capitalizing?

🤔💲When incurring a cost, do you expense it in the income statement or... capitalize it in the balance sheet?😲

☞ Let’s see some little examples besides that typical and basic one of buying a long-term asset

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#accounting #corporate #business

#corporatefinance #balancesheet #expenses #assets #capitalization #financialstatements

#cost #analysis #report

#finance #economics #wealth

#cpa #cfa #acca #aca #cma #fmva #fpa