New vehicle ( car purchased for company )
This query is : Resolved
06 February 2019
sir , We have taken new car purchased and additional Expenses paid of Rs 75000/- ( like a panting & Set Cover ) where is the show the Expenses of Rs 75000/- P&L or BS , Kindly clarify .
Thanking youuu
Thanking youuu
06 February 2019
You can capitalise the amount as you spent at the time of purchase.
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