How to make capitalize entry of expenses
This query is : Resolved
Mohd Nasruddin
(Querist)
12 May 2018
Hi,
kindly i request to you for a entry, how to capitalize of expenses.
kindly i request to you for a entry, how to capitalize of expenses.
CA Ysil Karunai
(Querist)
12 May 2018
Concerned Asset to be debited
13 May 2018
Asset A/c Dr
To Creditor
If GST involved
Asset A/c Dr
GST Input A/c Dr
To Creditor
To Creditor
If GST involved
Asset A/c Dr
GST Input A/c Dr
To Creditor
Message likes :
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KAVIRAJA ADDANGADI
(Expert)
13 May 2018
Incidental Exps with respect to new asset can be capitalised along with the cost of asset.
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