Examlex
In what environments does low pressure/high temperature metamorphism occur?
Capitalize
The process of recording an expenditure as an asset on a balance sheet, rather than expensing it immediately, spreading its cost over its useful life.
Revaluation Method
An accounting practice involving the upward adjustment of an asset's value on the balance sheet to reflect current market values.
IFRS
An international financial reporting framework that sets out the principles for reporting financial information used around the world.
Capitalized Interest
Interest expenses that are included as part of the cost of constructing a long-term asset and thus included in the asset's valuation on the balance sheet.
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