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Are Maintenance and repair cost capitalized?

No.  Costs associated with maintenance and repairs are expensed in the period incurred.  Examples are; custodial services, repainting a room, fixing a leaky faucet, and replacing parts to an...

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Are Maintenance and repair cost capitalized?

No.  Costs associated with maintenance and repairs are expensed in the period incurred.  Examples are; custodial services, repainting a room, fixing a leaky faucet, and replacing parts to an...

View Article
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