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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
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Answer Posted / 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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