Which of the following subsequent expenditures would not be capitalized?
A)Unsuccessful legal defense of intangible assets.
B)Additions.
C)Improvements.

Question

Quizplus · Accepted Answer

Unsuccessful legal defense of intangible assets cannot be capitalized because it does not result in the acquisition or enhancement of an asset's future economic benefits. Capitalization is only applicable to expenditures that increase an asset's value or useful life.

Which of the Following Subsequent Expenditures Would Not Be Capitalized