Examlex
Interpretation may increase self-understanding of a situation.
Capitalize
To record a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense over time through depreciation or amortization.
Expense Account
An account used to track expenditures associated with business operations, often related to employee travel or business activities.
Asset Account
An account recorded on the balance sheet that represents items of value owned by a company, such as cash, inventory, buildings, and equipment.
Straight-line Method
A method of calculating depreciation by uniformly distributing the cost of an asset minus its salvage value over its useful life.
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