capital costs

What Is Capital Budgeting And Its Importance?

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What Is Capital Budgeting And Its Importance? Capital Budgeting is used for decision making of the long term investment that whether the projects are fruitful for the business and will provide the required returns in the future years and it is important because capital expenditure requires huge amount of funds so before doing such expenditure

Can Repair And Maintenance Be Capitalized?

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Can Repair And Maintenance Be Capitalized? This cost should be capitalized. Does maintenance need to be capitalized? Amounts paid for regularly scheduled, routine maintenance on a unit of property, including inspection, cleaning, testing, replacement of parts, and other recurring activities performed to keep a unit of property in its ordinary efficient operating condition, need not