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Are major purchases included as Expenses on the Form 990? (Technical Note)

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Purchases of major assets are often "capitalized" rather than "expensed." Thus, "rather than treating an expense as a deduction from the income statement, it is treated as an investment and is expected to generate future income. " (http://www.ots.treas.gov/glossary/gloss-c.html)
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Publication date: 0000-00-00
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Added 2006-06-12 by tpollak, Modified 2006-06-30 by jauer

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