Fixed asset
This query is : Resolved
22 August 2014
A co. has bought a new car & has paid car registration charges for the same. Should Registration charges paid should be adde to the cost of car (i.e. Fixed Asset) or should it be expensed to P&L.
22 August 2014
yes, registration charges also must be capitalized.
22 August 2014
yes it is include in cost of car.
23 August 2014
Expect insurance registration charges include in f.a cost
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