Valuation of fixed assets
This query is : Resolved
21 June 2015
How to evaluate a new purchased car, is insurance exp.will be part of capital exp. Or it will be treated as prepaid for the period of after 31st march 15.
22 June 2015
dear capitalize the expense of first insurance.
22 June 2015
no its revenue exp. you have to take according to the period.
23 June 2015
plz make sure.. what will be the exact valuation and treatment for the exp.
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