Cost of assets
This query is : Resolved
13 July 2013
can i treat the following expenses as a capital expenditure and then cost assets?
1. An insurance expenses incurred for vehicle
2.An insurance expenses incurred for building
can i treat the following expenses as a capital expenditure and then cost assets?
1. An insurance expenses incurred for vehicle
2.An insurance expenses incurred for building
13 July 2013
First time insurance of Car at the time of purchase to be cost of assets. and regular insurance is expense.
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