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6. A Companys capitalization policy is $2,500 / 3 years useful life. Which of the following expenses should be capitalized, pick all that apply? a)
6. A Companys capitalization policy is $2,500 / 3 years useful life. Which of the following expenses should be capitalized, pick all that apply? a) $260.00 refrigerator with a useful life of 5 years. b) HVAC unit $2,000.00 deposit paid in July and $2,000.00 final payment in August. Useful life of 10 years. c) Pressure wash full exterior of building once every 3 years. Cost is $3,000.00. d) Purchase of new golf cart for $5,000.00.
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