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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 / arjunanag@rocketmail.com
the asset value is 5,50,000. we have to add all expenses
from purchase to set that asset in company. total expenses
are capital expenditures. so that's expenses also add to
that asset.
| Is This Answer Correct ? | 2 Yes | 0 No |
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