srikumar
(audit staff)
(1203 Points)
Replied 13 February 2016
srikumar
(audit staff)
(1203 Points)
Replied 13 February 2016
AJAY KUMAR JAIN
(SERVICE)
(101 Points)
Replied 14 February 2016
AJAY KUMAR JAIN
(SERVICE)
(101 Points)
Replied 14 February 2016
AJAY KUMAR JAIN
(SERVICE)
(101 Points)
Replied 14 February 2016
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 16 February 2016
New painting is Capital Expenditure whereas repainting is revenue expenditure.
1.New painting:-
Capitalize as an asset.
2.Repainting:-
Repair & Maintenance expense.
krishnamoorthy
(student)
(81 Points)
Replied 03 March 2016