FIXed Asets

Major Expenses of building materials related to foundation of machine be transferred to Building account or Plant & machery account ?
Replies (2)
Quick Summary
This discussion tackles a common accounting query: should the costs of building materials for machine foundations be allocated to the Building account or the Plant & Machinery account? Participants debate the correct classification, questioning why foundational work for machinery installation wouldn't fall under the Plant & Machinery category.

Building account..                        

But Expenditure incurred to build foundation for installation of machinery , then why it should be considered in Building account?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details