\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Accountingmos: come ITT

Is it true that capitalizing something only affects the bala...
Hairraiser forum sweet tailpipe
  07/10/20
Wat? It's semantics but on the balance sheet it goes from c...
overrated pungent dopamine gas station
  07/10/20


Poast new message in this thread



Reply Favorite

Date: July 10th, 2020 3:11 PM
Author: Hairraiser forum sweet tailpipe

Is it true that capitalizing something only affects the balance sheet and cash flow statement, but not the income statement? a course I'm doing is saying this but I find it hard to believe.

(http://www.autoadmit.com/thread.php?thread_id=4580982&forum_id=2#40581402)



Reply Favorite

Date: July 10th, 2020 3:26 PM
Author: overrated pungent dopamine gas station

Wat? It's semantics but on the balance sheet it goes from cash to fixed assets, on the income statement, it does nothing because it has nothing to do with income, and on the cash flow statement, it is a cash outflow for the full amount.

(http://www.autoadmit.com/thread.php?thread_id=4580982&forum_id=2#40581504)