Capitalizing a Cost Means to Record the Cost into A(n)________

question 181

Multiple Choice

Capitalizing a cost means to record the cost into a(n) ________ account.

• A)contributed capital
• B)asset
• C)expenditure
• D)income statement

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Definitions:

Breuer

Josef Breuer was an Austrian physician and physiologist who played a key role in the early development of psychoanalysis alongside Sigmund Freud.

Mesmer

A historical figure known for his work in the development of theories around animal magnetism, which later influenced the practice of hypnotism.

Magnetic Fluids

Liquids that are magnetized or capable of being magnetized, commonly referred to as ferrofluids, used in various technological and medical applications.

Animal Magnetism

An outdated term that referred to a naturalistic healing power or force, postulated by Franz Mesmer, thought to reside within certain individuals.