Freinds,
Let me know the treatment of warehouse charges and demurrages for purchase of equipments.
Should it be capitalized or should it be charged to expense.
jaya
jayalakshmi (Accounts Officer) (100 Points)
22 December 2008Freinds,
Let me know the treatment of warehouse charges and demurrages for purchase of equipments.
Should it be capitalized or should it be charged to expense.
jaya
CA CHINTAN AJMERA
(Chartered Accountant)
(2987 Points)
Replied 22 December 2008
it should be capitalized