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1 . Describe an ideal example from real life where you can apply the idea of Capitalization and Expense, suggest how the asset is capitalized

1. Describe an ideal example from real life where you can apply the idea of Capitalization and Expense, suggest how the asset is capitalized an expend with the overall view of being depreciated and amortized. Suggest what kind of asset should be considered for investment
2. Describe your own understanding of revenue recognition act

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