Capitalised expenses
This query is : Resolved
Querist : Anonymous
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
OM SAI SRI SAI JAI JAI SAI
Querist : Anonymous
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?
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?
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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