Quite a simple and probably stupid question, but if a company buys a machine for R&D, does the cost of the machine goes into the R&D expenses in the fin. Statements, or does it shows as depreciation during the lifespan?

If both, wouldn't this incur on counting the cost twice?

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capitalize it as an asset and depreciate.

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It depends if it’s capitalized or not, that determines how it’s treated on the financial statements

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It should remain consistent with how they capitalize or expense other assets purchased by the firm.

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There are accounting standards for capitalization & depreciation schedules.

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