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    Financial Accounting Information for Decisions Study Set 3
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    Exam 8: Reporting and Analyzing Long-Term Assets
  5. Question
    To Capitalize an Expenditure Is To
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To Capitalize an Expenditure Is To

Question 212

Question 212

Multiple Choice

To capitalize an expenditure is to:


A) Debit an expense account.
B) Credit an expense account.
C) Credit the owner's capital account.
D) Credit an asset account.
E) Debit an asset account.

Correct Answer:

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