Accounting Treatment of Spare Parts - Capital Spares

Karan Khanchandani , Last updated: 20 November 2017  
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Kabhi kisi 'EXTRA' ko 'extra' mat samajhna, kyunki kya pata us 'extra' ka accounting treatment 'EXTRA ordinary' ho.!!! SPARE PARTS:'Spare', as the name suggests, refers to additional or extra to what is required for ordinary use. That purely means an item kept as standby, in case another item of

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Karan Khanchandani
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