fixed assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2011
hotel and travel exp. of 2 person for inspection of a new machine which will be purchased.My question is should the inspection cost capitalised with the fixed assets.
B. NITYA POOJA REDDY
(Expert)
29 January 2011
No. freight and duties paid for bringing machine should capitalised.
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