New York Codes, Rules and Regulations
Title 10 - DEPARTMENT OF HEALTH
Chapter V - Medical Facilities
Subchapter A - Medical Facilities-minimum Standards
Article 8 - New York State Annual Hospital Report
Part 441 - Definitions
Section 441.58 - Capitalize
Current through Register Vol. 46, No. 39, September 25, 2024
(a) To record and carry forward into one or more future periods any expenditure, the benefits or proceeds from which will then be realized.
(b) To add to a fixed asset account the cost of plant additions, improvements and expenditures having the effect of increasing the efficiency or yield of a capital asset or making possible future savings in cost from its use.
(c) To transfer surplus to a capital-stock account, as the result of the issue of a stock dividend, a recapitalization, or, under the laws of some states, resolution of the board of directors.
(d) To discount or calculate the present worth of the projected future earnings of an asset or business.
