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Shubham kumar

620 Points Posted on 29 November 2012

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)

@VaibhavJ

Believe!! Live your dreams!

33521 Points Posted on 29 November 2012

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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Shubham kumar

620 Points Posted on 29 November 2012

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

CA Ajai Kumar Singh

31 Points Posted on 29 November 2012

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