Provide definitions for the following terms.
1. Capitalize
2. Revenue Expenditure
3. Depreciation
1. Capitalize - Recording the acquisition of land, building, or other assets by debiting (increasing) an asset account.
2. Revenue Expenditure - An expenditure that does not increase the capacity or efficiency of an asset or extend its useful life. Revenue expenditures are debited to an expense account.
3. Depreciation - The process by which businesses spread the allocation of a plant asset's cost to expense over its useful life.
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Teams that operate separately from the regular work structure of a firm on a temporary basis are known as ________ teams.
A) management B) parallel C) self-designing D) self-managed E) transnational
In the load and index stage of ETL, what is the difference between refresh mode and update mode?
What will be an ideal response?
Assets, liabilities, and equity accounts are not closed; these accounts are called:
A. Temporary accounts. B. Accrued accounts. C. Nominal accounts. D. Contra accounts. E. Permanent accounts.
In a decentralized system, a(n) ________ is responsible for the total management of the brand, including planning, budgeting, sales, and profit performance.
A. media manager B. brand manager C. account executive D. collateral services provider E. sales manager