Capital work in orogress
This query is : Resolved
Quick Summary
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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