capital work in progress- buildings


This query is : Resolved 

(Querist)
01 April 2008 on site capital work in progress completed total expenditure capitalized after 3 months in the same site some extension of building work was going that expenditre was booked under capital work in progress or accounted to buildings please sir

SAM KOSHY (Expert)
01 April 2008 Hi'

Book the expenditure under capital work-in-progress until the work is finished.

Capitalization should be after the completion of work.

S.K.


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