trial run Expenses met by a company has to be classified under Revenue or Capital Expenditure and its accounting treatment for the above treatment ( Trial Run ) ?
T.S.Mohana harish CA, Madurai
e-mail: harishca1984 @ gmail.com
1 Replies
CA Ramesh Kr Verma
(Partner)
(138 Points)
Replied 16 August 2009
trail run expenditure is to be capitalised.Any cost incurred till the installation is to be included in cost of fixed assets.
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