Should be capitalized or transferred to revenue exp.
This query is : Resolved
27 March 2022
whether all the expenses relate to purchase of car motor car or are incidental to purchase of motor car.
or
processing fee and stamp duty for obtaining car loan should be capitalized or transferred to revenue .
or
processing fee and stamp duty for obtaining car loan should be capitalized or transferred to revenue .
27 March 2022
All expenses related to purchase of car can be capitalised.
Transfer to revenue loan processing fee and stamp duty.
Transfer to revenue loan processing fee and stamp duty.
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