fixed assets

This query is : Resolved 

22 March 2011 whether ms office software purchased should be capitalised with the computer or seprately?

22 March 2011 ms office software is intengible assets so will be reconise according AS-26.
computer is tengible assets so reconise according AS-10.

22 March 2011 so it should be capitalised seprately?


22 March 2011 yes it should be capitalised seprately as intangible assets.

23 March 2011 yes it shd be capitalized separately.



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