Capitalization and Non-recurring revenues

P

Paalen

Joined
Jun 14, 2013
Messages
1
Reaction score
0
I have a construction project. One of my customers is paying a set amount to partially reimburse me for construction and is then making monthly payments for services being offered. Can I capitalize my expenses and record the non-recurring revenues on my income statement in full during the month received?
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA Internal Use Software Capitalization - Contingent payment post-implementation 1
Canada Technologies intangible acquired through an acquisition - capitalization of later enhancement costs 1
Capitalization of penalties in CWIP 2
USA R&D Capitalization & Amortization 0
USA When to begin capitalization for cloud-based software licenses/hosting/development cost? 1
USA Accounting entries for capitalization of HVAC repairs 2
USA Software Subscription Capitalization 1
UK Capitalization of commission expenses 1

Members online

No members online now.
Total: 225 (members: 1, guests: 224)

Forum statistics

Threads
11,776
Messages
27,841
Members
21,815
Latest member
TrustBeneficiary

Latest Threads

Top