The Effect of Capitalising Expenditures Is To

Multiple Choice

The effect of capitalising expenditures is to:

A) Decrease current period profit, increase current period assets and decrease future period equity.
B) Increase current period profit, increase current period assets and decrease future period profit.
C) Increase current period profit, decrease current period assets and decrease future period liabilities.
D) Increase current period profit, increase current period equity and increase future period profit.
E) None of the given answers.