By: admin

//By: admin

By: admin

Hi Salome,
The repair and maintenance will be expensed and not capitalized. If the lease was even a capital lease the repair and maintenance would still be expensed except where the the expenditure created an extension/expansion in the size, life, output, etc. of the asset.

William
Financial Analyst

By |February 23rd, 2009|DOCUMENTS|Comments Off on By: admin

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By: admin

Hi Salome,
The repair and maintenance will be expensed and not capitalized. If the lease was even a capital lease the repair and maintenance would still be expensed except where the the expenditure created an extension/expansion in the size, life, output, etc. of the asset.

William
Financial Analyst

By |February 23rd, 2009|DOCUMENTS|Comments Off on By: admin

About the Author: