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Purchase cost

This query is : Resolved 
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(Querist)
08 August 2017 Dear Experts

When we buy fixed assets then we add any cost incurred thereon to the fixed asset till the asset gets into working condition.

But when we buy goods, do we also add freight cost into the goods or do we open separate account for freight?

regards
shivani
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Shivani

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Shivani (Querist)
27 July 2018 anyone can reply?
hello
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
10 August 2024 https://docs.google.com/document/d/19eQfJqL4k5tIjVVcufdt_qFBYsFqUeRz3LgttFIgsk4/edit?usp=sharing
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