Capitalised expenses


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2012 Which Expenses are capitalised to Machinery A/c.

09 February 2012 Instalation and transport charges to brought the machinery to the factory.
OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2012 Sir,
You Say Installation & Transporation Charges,
but you not say octroi, insurance & freight expenses are required to capitilasied? say yes to how i do this entries in our account book?

CA Punit (Expert)
19 February 2012 Freight/Transportation, octroi, first insurance, installation and any other expenses incurred fully in relation to procurement of machinery can be capitalised.


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