software vs computer
This query is : Resolved
25 February 2011
weather window installation charges & ms office intallation charges at the time of purchase of computer be added 2 cost of computer or be treated as software..?
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25 February 2011
the concept is : all the expenses related to purchase of an asset needs to be capitalized, hence in my opinion, it should be added to the computer cost.
25 February 2011
However..to facilitate other experts opinion ...keeping this query open
25 February 2011
Capitalize following Accounting standard-10.
25 February 2011
windows should be capitalised as a computer.
without installing a windows or MS office the computer is of no use, it will be like a black box.
To use the computer for its minimal intended use, we need to install these softwares. Hence they should be capitlaised along with the computer and not saperately.
In case if u were buying some special software for special purpose then the senerio would have been totally difference.
without installing a windows or MS office the computer is of no use, it will be like a black box.
To use the computer for its minimal intended use, we need to install these softwares. Hence they should be capitlaised along with the computer and not saperately.
In case if u were buying some special software for special purpose then the senerio would have been totally difference.
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