Capital expenditure
This query is : Resolved
30 June 2014
dear all,
i want to know whether expenses incurred for temporaray shade made for labour at site should be capitalised or not?
i want to know whether expenses incurred for temporaray shade made for labour at site should be capitalised or not?
Guest
Guest
(Expert)
30 June 2014
as u r writing its temporary then u need not to capitalise it.... u can expense it directly dear
Message likes :
1 times
30 June 2014
It is revenue expenditure. It should be expensed off by charging to PL A/c.
30 June 2014
you can expenses off in P/L a/c
30 June 2014
it should be charged to revenue a/c
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