i have one doubt. i purchases of fixed assets from other
state the value 5 lack. the transpotation cost of 50
thousand now the value of fixed asstes is 550000 or only 5
lack, it is right or worng .. pls cleare my question
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Answer Posted / kavita uniyal
yes fixed assets is debit with the amount of 550000 becoz
transport cost is capital expenditure nature that's why it
is add in assets
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