US-GAAP Costs versus Capitalization

      
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		            		Martin Rommel

US-GAAP Costs versus Capitalization

	          		🔥NEW Hello, I need a US-GAAP Accounting advise for following business cases:

1. A new stairs for a production building. It is a metal stairs replacing current concrete stairs. Can I  capitalize this if the whole building has an asset number and is not fully depreciated yet?

2. The replacement of electricity distributors on a factory campus. Can I capitalize this if the value of each electricity distributor is above 2.500$? Currently these components are part of the factory building (like 1).
				      
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						            	Anonymous
												
				                US-GAAP Costs versus Capitalization

													In these cases, if the replacement preserves the value of the assets, it's cost; on the other hand, if the value of the assets increases, it's capitalization.
				                
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