asked 8.3k views
2 votes
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

asked
User Willbt
by
8.0k points

2 Answers

3 votes

Answer:b capitalized

Step-by-step explanation:

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.

answered
User Johntrepreneur
by
8.3k points
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