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19. What does capitalize mean in the context of a transaction involving an expenditure? A. The equipment was acquired by issuing capital stock. B. The

19. What does "capitalize" mean in the context of a transaction involving an expenditure?

A.

The equipment was acquired by issuing capital stock.

B.

The equipment was purchased or acquired in an exchange.

C.

The expenditure is initially recorded as equipment and expensed in future periods.

D.

The expenditure affects the income statement, but not the balance sheet.

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