25 October 2012
a company purchased a mobile in last year it is shown in asset side of balance sheet but this year it has purchased a mobile charger worth rs 400.it will be added in the mobile value or it is shown as expense in p&l a/c.pls reply .
18 September 2013
A COMPANY HAD PURCHASED A CAR IN 2011 . DURING 2013 IT HAS PURCHASED A TYRE AND SOME OTHER ACCESSORIES FOR CAR .WILL IT BE EXP OR CAPITALISED AS IT IS A INTEGRAL PART OF ASSET?PLS REPLY
CAclubindia
