Which of the following costs relating to non-current assets should not be capitalized? replacement of a building’s roof every 15 years cost of site preparation installation and assembly costs replacement of small spare parts annually
Which of the following costs relating to non-current assets should not be capitalized? replacement of a building’s roof every 15 years cost of site preparation installation and assembly costs replacement of small spare parts annually
Chapter10: Cost Recovery On Property: Depreciation, Depletion, And Amortization
Section: Chapter Questions
Problem 23P
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Which of the following costs relating to non-current assets should not be capitalized?
- replacement of a building’s roof every 15 years
- cost of site preparation
- installation and assembly costs
- replacement of small spare parts annually
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