Assets and Capitalization

1)Which type of assets should be capitalized and when expense out?2)Which type of assets expense out or when?

Questions by rashid   answers by rashid

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anish11

  • Sep 8th, 2009
 

Asstes are things which is provide service for long dueration it may 3 years 4 years or for long period of time.
These items capitalise in our account books and charge depreciation in every year according to these rate it may 20%, 10%, 100%

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