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Q: Should training expense for new equipment be capitalized?
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No, "navy" should not be capitalized in the sentence "general navy training." Capitalization is only used for proper nouns, such as specific names of people, places, or organizations.


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If the expense is some major type and may change the expected life of building than it should be debited to the cost of building and also must be capitalized other wise it should be treated normal nature expense and directly debited to profit and loss account. Kindly give your response as well. thanx, Mekhaile email: mekhaie1@yahoo.com If the expense is some major type and may change the expected life of building than it should be debited to the cost of building and also must be capitalized other wise it should be treated normal nature expense and directly debited to profit and loss account. Kindly give your response as well. thanx, Mekhaile email: mekhaie1@yahoo.com


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