L17 Notes_Part_5 - Capitalize it on the balance sheet if...

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3. Valuation a. Acquisition Cost
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Classifying Long-Lived Assets Expenditure Capitalize Expense We’ll credit cash but where does the debit go?
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Unformatted text preview: Capitalize it on the balance sheet if the expenditure is expected to benefit future periods in accordance with the matching principle...
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.

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L17 Notes_Part_5 - Capitalize it on the balance sheet if...

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