Are major purchases included as Expenses on the Form 990? (Technical Note)

Purchases of major assets are often "capitalized" rather than "expensed." Thus, "rather than treating an expense as a deduction from the income statement, it is treated as an investment and is expected to generate future income. " (

Added 06/12/2006 by tpollak, Modified 06/30/2006 by jauer


No comments.

Please login to add your own comments.