A capital expenditure would be: Group of answer choices added to the cost of the asset ignored subtracted from the cost of the asset an expense on the income statement
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- Distinguish between the following measures of invested capital, and briefly explain when each should be used: (a) total assets, (b) total productive assets, and (c) total assets less current liabilities.Explain return on total assets (ROA)Where is the capitalized income recorded? Debit aide of Income and expenditure A/C Deducted from capital fund in Balance Sheet Credit side of Income and expenditure A/C Added to Capital Fund in the Balance Sheet
- How should you record a capital expenditure? a. Debit a liability b. Debit capital c. Debit an expense d. Debit an assetThe total dollar amount of assets to be classified as investment is ?1. What is the definition of a fixed asset and which expenditures can be added to the capitalized cost of a fixed asset? 2. Please define the term "Net book value."