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Fixed assets purchase before incorporation
fixed assets purchase before incorporation like computer and related equipment. now after incorporation how to capitalize in co books
Replies (2)
Matter to be included in the agenda of the first board meeting and get it ratified by the members and the same should also be recorded in the minutes with relevant details. You can capitalise the same based on the above duly convened and approved board meeting
can you legalise your stand on some concept or any section for capitalising such transactions??
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