Capitalisation of fixed asset
This query is : Resolved
17 June 2015
Is it possible to capitalise the asset on a date before the invoice date?
Ankur Singhal
(Expert)
18 June 2015
Dear how could you justify your deed.
Invoice date is the proof for when the asset was purchased.
Now when the asset is not purchased how could you capitalise it.
Such an impracticable query.
Are you a newcomer to the field or ur IQ level is zero??
Invoice date is the proof for when the asset was purchased.
Now when the asset is not purchased how could you capitalise it.
Such an impracticable query.
Are you a newcomer to the field or ur IQ level is zero??
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