Fixed assets

This query is : Resolved 

24 November 2011 sir tell me i brought new car.so in this car i paid some money to broker so it would be add in FA cost and i would charge Dep on this amount.and also Insurance amount is also i paid to with car cost so this amount also add in FA cost

24 November 2011 Yes, you can capitalise the expenses which is incurred to bring the asset to working condition



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