entry for capital expenditure

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what will be the journal entry for expense which is capital nature........... please help

Replies (3)

Dear Mohammed,

If Aseet has been acquired or it has come to existence -

Asset(like Plant, Building, etc).................Dr

         TO Cah/Bank/Creditor

IF asset has not been acquired or it has not come to existence then -

Capital Work in progress(CWIP)....................Dr

                TO Cash/ Bank/Creditor

Good answer.....Amir bhai.......

good answar


CCI Pro

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