Recordkeeping, record, how accumulated amortization of capitalized
Capitalized costs represent an intangible asset for businesses and intangible assets are recorded on the asset side of the balance sheet.
Accumulated amortization of capitalized expenses are recorded on an accrual account 1018 which is a sub-account to the group account 1010.
Go back to the group account 1010 Capitalised expenditure to find more examples of accounting of capitalized expenditure.