Capital assets are those that are expected to generate value for a company over an extended period of time. Common examples of capital assets include manufacturing equipment, computers, and vehicles.
When you buy a long-term asset for your sole proprietorship, you cannot deduct the entire purchase price in the year of purchase. You can only deduct a portion of the asset's cost each year over the ...
Assets are items of value and that value is displayed on a company's balance sheet. When an asset is retired -- sold, donated or otherwise disposed of -- its value must be removed from the balance ...
While a clearly defined purpose is critical to the success of an IP program, a strategy regarding costs is equally critical. Different goals will dictate differing levels of commitment and expenditure ...
Capital assets are those that are expected to generate value for a company over an extended period of time. Common examples of capital assets include manufacturing equipment, computers, and vehicles.