| Originally posted by : Sumit kumar | ||
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If the trial run is successfull one then it should be capitalised otherwise it will be charge to P & L A/C. |
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Not so if the machine is going to be capitalised it has to be matched with cost
| Originally posted by : Sumit kumar | ||
|
|
If the trial run is successfull one then it should be capitalised otherwise it will be charge to P & L A/C. |
|
Not so if the machine is going to be capitalised it has to be matched with cost
Trial Run expense of machine has to be capitalised with machinery as per AS 10
Yes,trial run expenses will be capitalised.
once The Assets is Put to used than After that Expenses is not Capitalised before that, trail Expenses capitalised
CAclubindia
