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49 Points Posted on 28 July 2022
Major Expenses of building materials related to foundation of machine be transferred to Building account or Plant & machery account ?
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On 28 July 2022 at 13:32 Report
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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.

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SEO Sai Gr. Hosp.
212511 Points Posted on 28 July 2022

Building account..                        

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On 28 July 2022 at 13:50
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49 Points Posted on 29 July 2022
But Expenditure incurred to build foundation for installation of machinery , then why it should be considered in Building account?
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On 29 July 2022 at 10:52

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