Accounts
This query is : Resolved
24 May 2011
Dear Sirs & Friends,
We are doing renewation of our new office., for the same we are carrying out massive carpentary work. One my colleague is of an opinion that we debit all these expenses to Construction Work In Progress, when we shift to the office all the items in CWIP will be capitalised. Is it feasible to do so. Please help me.
We are doing renewation of our new office., for the same we are carrying out massive carpentary work. One my colleague is of an opinion that we debit all these expenses to Construction Work In Progress, when we shift to the office all the items in CWIP will be capitalised. Is it feasible to do so. Please help me.
05 June 2011
Yes it is feasible
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