To capitalize an expenditure is to: Multiple Choice Debit an asset...

60.1K

Verified Solution

Question

Accounting

To capitalize an expenditure is to:

Multiple Choice

  • Debit an asset account.

  • Debit an expense account.

  • Credit an expense account.

  • Credit an asset account.

  • Credit the owners capital account.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students