capital exp. booked as revenue & Revenue booked as capital expenditure
pankaj
(Querist) 30 June 2011
This query is : Open
dear sir,
i m article assistant under chartered accountant. i want to know from u as a guide & guru whether these expenditure should be capitalized or not which have been enclosed in excel sheet s i have discussed with management & they give thier opinion but i m not satisfied with thier answers. sir, can u tell me what should be real picture. company is manufacturing side cover, sheet cover of bike & Cars. it use raw material plastic dana to convert it into finished goods. sir i m sending u sheet in which company's opinion is also given. plz send it to me back after giving your opinion on this sheet. my email id is pankajmudgalca@gmail.com
