Capital WIP
This query is : Resolved
31 March 2010
What is capital WIP??
Where it is shown in balance sheet??
Tell me many more about Capital WIP.
Where it is shown in balance sheet??
Tell me many more about Capital WIP.
31 March 2010
capital WIP is an asset it means when you started one asset construction ex:house then till the total completion of building it is treated as Capital WIP(Work in Progress) and after completion its a fixed asset
31 March 2010
agree it is under fixed asset. you can show separtely as CWIP under Fixed asset in the Balance sheet
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