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capital spares
Spares purchased after 6 month of installation of machinery should be capitalized?
Replies (3)
Whether it's a repair or integral part of the machinery please explain.
If it's a small part you can take it as repair and maintenance on plants and machinery.
If it's a small part you can take it as repair and maintenance on plants and machinery.
Spares purchase are intergal part of the machinery without which machine cannot work.
Then in that case it should be capitalized.
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