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The purchase price and all costs to bring an asset to its desired condition and location for use should be ________.

a. accrued
b. capitalized
c. expensed

User Willbt
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2 Answers

3 votes

Answer:b capitalized

Step-by-step explanation:

User Jason Dunkelberger
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4 votes

Answer:

b. capitalized

Step-by-step explanation:

The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.

User Johntrepreneur
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