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cwip-building

This query is : Resolved 
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(Querist)
20 July 2010 we are constructing one corporate office and we appointed one person there as incharge, he incurred expenditure:
1.courier charges
2.conveyance (diesel/petrol)
to which a/c have to book this expenses
whether cwip-building or to anyother head (the construction is not yet completed)
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
20 July 2010 Capitalise all the expenses incurred on the site.
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madhav

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madhav (Querist)
20 July 2010 Dear aditya i know that it has to be capitalised, but my doubt is to which head it has to be capitalised
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
20 July 2010 Obviously CWIP - Building A/c.
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