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27 February 2012 what is meant by capitalized of assets
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
28 February 2012 When a fixed asset is purchased, the cost of the same is debited to Fixed Assets, i.e., shown in Balance Sheet and not charged to revenue.

Debiting the cost of the asset to Fixed Assets A/c is known as capitalization.
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