My reply to my ques of the cost of repairs to equip (comp) is included in asset/ large purchases was no. Is that still the case if the amount was over the required 200
My reply to my ques of the cost of repairs to equip (comp) is included in asset/ large purchases was no. Is that still the case if the amount was over the required 200
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1 Replies
DaveF1006
Expert Alumni
Feb 2, 2023 3:09:04 PM
No. The cost of repairs to equipment is never a capitalized expense. This is a no answer regardless of the amount of the repair.