Accounting isses

This query is : Resolved 

02 June 2018 Please let me know if a company procure a land for which brokerage paid to an agent whether the amount should be capitalized to the Asset or brokerage amount will be shown separately in the profit and loss accounts.

03 June 2018 Yes... The amount can be capitalize.

04 June 2018 any expenditure incurred directly or indirectly to acquire fixed asset is also a capital expenditure and need to be capitalised




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