What does the statement costs can be assets or expenses mean?

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What does the statement “costs can be assets or expenses” mean?

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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Question Posted: Jan 03, 2012 03:48 AM

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What does the statement costs can be assets or expenses mean?

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A cost that has the future economic potential to increas...View the full answer

Survey of Accounting

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