Accounts. . .

If Repair cost is Rs.25,000, white wash expenses Rs.5000 Cost of extension of building is Rs.2,50,000 And cost of improvement in electrical wiring is Rs.19000. The amount to be capitalized will be?
Replies (3)

Hi

How can you bisect in to part repairs activity.. If all is related to extension then has to be capitalised.

 

Thanks//Vaibhav
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This Question is Given in model test Paper,of cpt... So, only cost of extension and improvement in electrical wiring will be Capitalised?

ADVANCED ACCOUNTS

                                       

For C. A. – IPCC - II

By

CA. AJAI KUMAR SINGH

B.Com, FCA, AICWA(ACMA), PGDCA

 

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