Accounting treatment
This query is : Resolved
Rajaram Lasiwa
(Querist)
20 August 2017
Microsoft office package software was purchased along with some computers. Price for the microsoft office package is given separately in the invoice. Should we treat the cost of the microsoft office package as revenue expense?
Ashiwini Ballodia
(Expert)
20 August 2017
As per me it should be capitalised
Dhirajlal Rambhia
(Expert)
15 October 2021
Initial cost of software is generally capitalized along with computer cost.
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