What Is Capitalization? What Is Its Importance?
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Capitalization, in accounting, is when the costs to acquire an asset are expensed over the life of that asset rather than in the period it was incurred. In finance, capitalization is the sum of a corporation's stock, long-term debt, and retained earnings.
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captalization means earning of capital according to work, which is not decided by government same for any people who works in other fields..Its importance is that workers can earn according to their labour,
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