valuation of fixed assets
This query is : Resolved
09 January 2010
incase of accident of a vehicle, asset value comes down & if any repairs are incurred on vehicle but asset productivity or capacity does not increase.
then is this eps a capital expenditure or a revenue expenditure???
then is this eps a capital expenditure or a revenue expenditure???
09 January 2010
Revenue Expenditure.
Capital expenditure is treated when it increases the present capacity.
Capital expenditure is treated when it increases the present capacity.
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