New Garden in Place of Old Garden
This query is : Resolved
Shubhakaran Sharma
(Querist)
16 July 2026
A completely new garden has been laid out in place of the old one in front of the school building. Should the expenditure incurred on this garden be treated as capital expenditure, and under which head in the accounts should it be recorded?
Dhirajlal Rambhia
(Expert)
16 July 2026
Yes, Capitalize it under a head like "Land & Campus Development" or "Land Improvements."
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