Capitalise asset

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Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 can i put in accounts a new phone purchased from abroad?can i capitalise

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 yes, you can very well do that?

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 ok so i can right?

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 yes, you can go ahead....

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 yes, you can go ahead....

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 thank u so much...very helpful

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 you are most welcome.....

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 but as the value is not in inr..its in dollars..so what value should i take..should it be dollar value that day?

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 what is the purchase price of dollar....when you converted the INR into dollar....

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 the rate was 65.3..so il take that

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 yes.....because that is your cost.....

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2017 ok thank u so much...

Amol S Joglekar

Amol S Joglekar (Expert)
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06 September 2017 you are most welcome....

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