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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2015 Dear Sir,

My Company is transferred some computers from old unit to a new unit.Expenses incurred on purchase of Wireless Router & D-Link Port for Net Connectivity should be capitalised or it should be debited in revenue expenses


Pls clarify me.

26 May 2015 Capitalized as its life is more than one year.

26 May 2015 if life is more than one year then you can capitalized.




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