3 ms·
I wasn’t trying to make that argument, but I were I would argue that software itself is more like a liability, or, at the most, a current asset[0]. Source code
by twodave 3y ago
I wasn’t trying to make that argument, but I were I would argue that software itself is more like a liability, or, at the most, a current asset[0]. Source code has no inherent value, and in fact the more you have the more expensive it is.
[0] https://www.investopedia.com/terms/c/currentassets.asp https://www.investopedia.com/terms/c/currentassets.asp
- jncfhnb 3y agoThat interpretation is deeply removed from how accounting works, but even if it were a current asset it would still not be an expense