Capex into purchases ledger

Yasaswi Gomes new (Finance ) (4479 Points)

12 May 2023  

Hi

Company purchased machinery! There is an invoice for it.

Purchases dr.

Payables cr.

And 

Payables dr.

Bank cr.

Then how is the asset recognised? 

And how come capital expenditure recognised as 

Machinery dr.

Bank cr.

U/S how is it applicable? 

I hope i dont have to answer my own question tomorrow :)