Capitalize is an accounting term that describes a company's method of measuring the expense of the assets recorded. Many businesses have procedures on how and when to report purchases and costs as assets or expenses. These are listed on the Balance Sheet as an asset and depreciated as expenses are capitalized. Capitalized expenses make their way to the Income Statement by depreciation.
Thus<em>, the purchases and costs of in-process research and development is capitalized as an asset.</em>
A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.
Explanation:
The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.
A Master Administrator is normally the individual who is tasked at establishing the company file in QuickBooks Online.
In other words, Master Admin possesses access to all portions of the company file and can grant authorizations and access to other users.
Therefore, a Master Admin Accountant User can view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant by doing the following:
Career assessments help a student know which field of work is best. Knowing the best field of work can help work choosing a school that specializes in that area.
