Exp. treated as fixed assets or preliminary exp.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 June 2010
I pay Rs. 115000 to Noida Power Corp. Ltd. for new electricity connection that are not refundable. How will i entry this in my books. will this treated as preliminary exp. or fixed assets.
04 June 2010
preliminary exp
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