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Treatment for exps incurred for sample flats by developer

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(Querist)
12 February 2020 what is accounting treatment for expenses incurred in construction of sample flats by developer.
Following are the heads of exps
1. Labour charges
2. Furniture & Fittings
3. Cement Steel and other Material.

whether this exps should be capitalized or exps out.if capitalised under which head.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 February 2020 Capitalize furniture and fittings which can be used/sold later. Expense it labour charges and material used.
If sample flats can be sold later capitalize it.
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