Query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2012
We are importing goods and we are required from the suppliers to open the LC. So should i include these opening LC charges to the inventory cost or should it be treated as a finance cost.
Thanks and Regards
Thanks and Regards
03 December 2012
In my opinion and general accounting principles .. its finance cost..
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