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Financial Accounting

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Capital Expenditures vs Expenses: Costs to Include

FINACT-AGWVOS

Which of the following amounts will be capitalized relative to the cost of Equipment used in the operations of a company?

Select ALL that apply.

A

Purchase Price

B

Sales Discounts Taken

C

Sales Tax

D

Transportation Costs

E

Installation Costs

F

Ongoing Costs to Maintain Equipment