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Capitalization of expenses

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sudershan (Querist)
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26 November 2012 vehicle purchased for 45 lakhs . paid down payment 5 lakhs . and taken loan for 44 lakshs . excess of 4 lakhs is for term charges on loan taken how can i capiatlize that termcost . please help me in posting journal entry . please tell me the journal entry

pls do favour for me m

Amol S Joglekar

Amol S Joglekar (Expert)
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26 November 2012 Debit Vehicle A/c 45 lakh
Credit Supplier. (Toyota, Range Rover, etc)

Debit Supplier. 45 lakh
Credit Bank 5 lakh
Credit Loan giver(Financial Inst) 40lakh

(Please provide details of this TERM CHARGES for further journalisation)

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