5 years as depreciation expense. Matthew in Accounts Payable wants to know why he has to add them to the fixed assets rather then simply recording them as expensed in the current period. He argues that we don't capitalize the print
There has been a heated discussion around the accounting department of Not Now Corporation on why when new printers are purchased for the sales force at $250 a piece they are capitalized and added to the fixed assets on the balance sheet of Not Now and written off over 5 years as
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
