02-10-2010, 02:46 AM
There are two criterias
for the capitalisation of assets and related costs
=> The economic benefits will into the entity by the use of the asset
=> The cost can be measured reliably
As per my knowledge, vehicle registration fulfills these two criterias and should therefore be capitalised
for the capitalisation of assets and related costs
=> The economic benefits will into the entity by the use of the asset
=> The cost can be measured reliably
As per my knowledge, vehicle registration fulfills these two criterias and should therefore be capitalised