Capitalized Assets | Costs | Definition

Capitalized Assets

Capitalized Assets & Costs | What are they?

Accounting method used to record in an asset account the value of an item with a useful life of more than one year. The value of the item is then depreciated or amortized over a number of years according to a pre-defined schedule.

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Tags: Capitalized Assets, Capitalized Costs, Capitalized assets and costs, rules for capitalization, capitalized expenses, cost capitalization, capitalized expense

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