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Capitalization of expense

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19 February 2020 can we capitalize expenses like Logistics & delivery charges, TR amount for Vehicle??
and let me know the discount need to less from asset value or reduce from Maintenance of vehilce? which is correct way ??

19 February 2020 ALL EXPENSES RELATED TO NEW VEHICLE CAN BE CAPITALISED. discount should be reduce from asset value.

19 February 2020 The expenses related with the purchase can be capitalised. Discount should be reduced from the value




19 February 2020 they gave credit note. how to account for? need to reduce from asset?

19 February 2020 yes, you can do the same by reducing the value



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