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On which cost we have to record the asset

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1359 Points Posted on 30 November 2021
on which cost we have to record the asset at its purchase cost or purchase cost including installation ?
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On 30 November 2021 at 15:03 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 30 November 2021

INCLUDING INSTALLATION.

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On 30 November 2021 at 15:07
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1359 Points Posted on 30 November 2021
But installation charges is expense why it is not recorded in p&l a/c ???
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On 30 November 2021 at 15:08
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My grammar is 💯 good I
7301 Points Posted on 30 November 2021

WHEN YOU CAPITALISE COSTS THEY ARE RECOVERED EITHER THROUGH DEPRECIATION OR AMORTISATION

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On 30 November 2021 at 18:26


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