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To: TGPTNDR who wrote (92343)1/16/2003 9:54:35 AM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
tgp,

Is it possible for a company to charge it's telephone bills to a capital account?

That would not do anything about revenues and receivables, since this would be an expense, and payment for it would be under account payable.

joe



To: TGPTNDR who wrote (92343)1/16/2003 10:24:52 AM
From: steve harrisRead Replies (1) | Respond to of 275872
 
tgp,
Is Worldcom an example of what you are asking?
WCOM recorded incorrectly expenses as capital investments.
I think their vehicle maintenance was one such expense.
Steve


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