i engaged with the accounts of manufacturing concern, i have
a question when we purchased a fixed assets and after this
we put the fuel in this for trial then this fuel is our also
capital exp
Answer / amit kumar tiwari
You should capitalize only fixed asset as per actual bill
not Fuel coz in every financial year you will calculate
deprecation on that assets.
Is This Answer Correct ? | 1 Yes | 3 No |
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