can we capitalise tools and spare

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44 Points Posted on 05 February 2019
can we capitalise tools and spare purchase after machine installation
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On 05 February 2019 at 17:10 Report
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1306 Points Posted on 05 February 2019
As per AS 10 if they satisfy yhe definition of PPE then you can capitalise it
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On 05 February 2019 at 17:58
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19 Points Posted on 22 February 2019
tools and spare are treated as inventory.. when they get installed in machinery.. then can be capitalised.
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On 22 February 2019 at 12:36

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