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Sandy Ho Posted 16 years ago
Grammar
Capitalised
Property operations and maintenance is considered to be an operating expense; as such, it contains only those components that can be expensed, rather than capitalised.
it contains only those components that can be expensed
it does not contain those components that can be capitalised.
What does it mean?
Thank you!
it contains only those components that can be expensed
it does not contain those components that can be capitalised.
What does it mean?
Thank you!
Top answer
Capitalize: Record an expenditure as if it were the cost of a fixed asset , where the benefit of the expenditure (such as for refurbishing a machine ) yields benefits over a period longer than one year. html#ixzz17iZtECVr
- Capitalize: Record an expenditure as if it were the cost of a fixed asset , where the benefit of the expenditure (such as for refurbishing a machine ) yields benefits over a period longer than one year.
- html#ixzz17iZtECVr
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3 Answers
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It has to do with the accounting rules on how businesses compute their taxes. Expenses can be directly deducted from income in the year that they occur to determine taxable profit or loss.
Major purchases, such as heavy machines, factories, vehicles, etc. are called "capital." Because they last for a long time and contribute to the productivity a tax deduction for them is made over many
Major purchases, such as heavy machines, factories, vehicles, etc. are called "capital." Because they last for a long time and contribute to the productivity a tax deduction for them is made over many
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