Are Maintenance and repair cost capitalized?

No.  Costs associated with maintenance and repairs are expensed in the period incurred.  Examples are; custodial services, repainting a room, fixing a leaky faucet, and replacing parts to an engine.

Vice President for Finance & Assistant Treasurer

Marbleworks Office Complex
152 Maple St.
Middlebury, VT 05753
P: 802.443.5501

Directions to Marbleworks