What is capitalization and what does it mean when a cost is capitalized?
Capitalize: What It Is and What It Means. What items should be capitalized? There are a few key items that should always be capitalized on a financial statement, including: -Revenue -Expenses -Assets -Liabilities -Equity How does capitalization affect the balance sheet? Capitalization refers to the process of recording certain expenditures as assets on the balance … Read more