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Question on whether this is identical to another article.
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==Thoughts==
==Thoughts==
Describing the verb this way helped me, "Capitalize: An account redefinition (on the balance sheet) where money is subtracted from 1 account (expense) and added to another (asset), thus redefining the worth of the asset (and naturally, the expense account as well)."
Describing the verb this way helped me, "Capitalize: An account redefinition (on the balance sheet) where money is subtracted from 1 account (expense) and added to another (asset), thus redefining the worth of the asset (and naturally, the expense account as well)."

==Question==

Can anyone explain the difference between this article and [[Capital cost]]? I would have thought both are the same, but the latter might be a bit clearer (if going into detail less). Thanks for your thoughts!

Revision as of 18:33, 10 April 2010

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Thoughts

Describing the verb this way helped me, "Capitalize: An account redefinition (on the balance sheet) where money is subtracted from 1 account (expense) and added to another (asset), thus redefining the worth of the asset (and naturally, the expense account as well)."

Question

Can anyone explain the difference between this article and Capital cost? I would have thought both are the same, but the latter might be a bit clearer (if going into detail less). Thanks for your thoughts!