Garden for pre nursery-capitalisation problem??

Ankit (C.A.-Student) (680 Points)

05 July 2013  

An entity is starting a Pre Nursery School have done a considerable expenditure on development of building, obtained through lease, furniture, security, buses etc. Also a lot of amount spent (around 1.5lacs)on Garden(plants) on Purchasing, manure/fertiliser and maintenance.


Whether it should be capitalise or not?


It should be revenue expenditure??