Accounts QnA - Page No 1676

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Praveen Pandit

06 September 2008 at 17:04

scrap calculation

dear sir

can you suggest me how to calculate the valueation of scrap, and saleing of scrap's value is indirect profit or others. if i am a manufacturing of co. and scrap is generation during construction of new project.

thanks & regards

Praveen

Vishnu Agarwal

06 September 2008 at 12:23

CASH EXPENSES

WHAT IS THE CASH EXPENSES?

Vishnu Agarwal

06 September 2008 at 12:19

relating to DP charges

WHAT IS THE DP charges?

Vishnu Agarwal

06 September 2008 at 12:14

relating to ESCROW A/C

WHAT IS THE ESCROW A/C?

Vishnu Agarwal

06 September 2008 at 12:11

relating to EEFC a/c

What is the benefit of EEFC a/c?

Rajat

06 September 2008 at 10:22

AS-10 Cost of Fixed Assets

I heard that, till the asset is put to commercial use all the cost (including interest cost on borrowed fund) has to be capitalized and included in cost of asset

If its true..Will the Trial Run expense be included in cost of machinery.

Or will trial run expense be treated as revenue expenditure-ordinary but exceptional and debited to P&L a/c

*** Trial Expense includes direct material, direct labour, direct overheads etc***