A Company,manufacturing of different types of gases,purchases pipes for its Gas plant.In which head ,this expense is debited and can it is capitalised under Plant & Machinery?
A Company,manufacturing of different types of gases,purchases pipes for its Gas plant.In which head ,this expense is debited and can it is capitalised under Plant & Machinery?
Yes. it will be capitalised as it is a fixed asset for a gas company
| Originally posted by :Ashish Ojha | ||
| " | Yes. it will be capitalised as it is a fixed asset for a gas company | " |
My q.is in which head it is debited?
Plant & Machinery,
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