user image

Gagan Mishra

Job Interview Skills
English
2 years ago

173. Which Type Of Assets Should Be Capitalized And When Expense Out? Which Type Of Assets Expense Out Or When?

user image

Abhishek Mishra

2 years ago

Capitalized Costs for Fixed Assets Also, the company can capitalize on other costs, such as labor, sales taxes, transportation, testing, and materials used in the construction of the capital asset. However, after the fixed asset is installed for use, any subsequent maintenance costs must be expensed as incurred.

Recent Doubts

Close [x]