Is it true that capitalizing something only affects the bala...	''"''''"'	07/10/20
Wat? It's semantics but on the balance sheet it goes from c...	Hasidic Woman Performing Deviant Hava Nagila	07/10/20

Date: July 10th, 2020 3:11 PM Author: ''"''''"' 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)

Date: July 10th, 2020 3:26 PM Author: Hasidic Woman Performing Deviant Hava Nagila (High Constitutional Moment) 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)