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Additional Questions: 1 . Which costs are initially capitalized as the cost of an asset ( vs . expense ) ? Please provide examples. 2

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Additional Questions:
1. Which costs are initially capitalized as the cost of an asset (vs. expense)? Please provide examples.
2. What are the two criteria for a Capital Expenditure (vs. Revenue Expenditure)? Please provide examples.
3. Describe how the matching principle applies to depreciation.
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