What actions would you take in the given situation

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Reference no: EM132715444

Question: As new accounting, you are working with one of our sites on the accounting for the purchase of new equipment. The site believes that this equipment should be capitalized as a fixed asset on the balance sheet, but based on your reading of our capitalization policy, you are not sure. What actions would you take in this situation?

Reference no: EM132715444

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