Capital work in orogress

This query is : Resolved 

08 May 2022 How to account expenses incurred while constructing a building in Company's account?




08 May 2022 Book all expenses related to building construction under capital work in progress. After completing credit capital work in progress debit fixed assets building account.

08 May 2022 Thanks, Seetharaman.

08 May 2022 Capital work in progress comes under Fixed Asset?

08 May 2022 Thanks, Seetharaman.

08 May 2022 Yes, it's fixed assets.


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