Accounting treatment of AMC alongwith the purchase of Laptop
This query is : Open
Ravi Konda
(Querist)
16 October 2026
Our company has purchased 50 Laptop vendor has raised Invoice for the same,However at the same time he has raised separate Invoice for AMC of these Laptops for 3 Yrs,Now my question whether the AMC amount needs to capitalised since it is happening at the time of procurement of Laptop ,likewise we capitalise the Insurance amount of Vehicle at the time of purchase However the Insurance amount is for 1 Yr?
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