Easy Office
LCI Learning

Capitalisation of fixed asset

This query is : Resolved 

11 September 2010 What will be the date of capitalisation when products produced during the trial run are sold in the market and revenue earned is inculed in sales of th ecompany during that period

11 September 2010 the date of capitaliasation will be ur trial run gt successful, not when the actual sales is made..even u can capitalise ur expenditure related to trial run...

11 September 2010 agreed,date of capitalization is date of put to use, as when trial run is made and it is sucessful, then it will be capitalzed itself, not wait till date of sale.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query