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
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Trial Run Expenses
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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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