Example we purchased machinery Dt.1-1-18 Rs.500000/- installation charges dt.15-1-18 Rs. 50000/- insurance Rs.40000/- freight charges Rs. 30000/-
how to pass journal entries? treatment of all expenses? capitalisation of asset?
capitalisation of asset on which date?
plz help me, tq for ur support.
Menu
fixed asset capitalisation
Replies (1)
pass separate entry by capitalising exp. chronologically
Recent Topic
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
Related Topics
CAclubindia
