Capitalize or Expense out?

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Capitalize or Expense out?

basit_namdar
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#8

04-14-2011, 01:58 AM

Even if it does than too the laptop has been capitalized it is not a case of intangible asset. In my best understanding it is a revenue expenditure bcoz the replacement of the LCD has not brought any benefit to the laptop that was not present when the old LCD was in place. Neither it is an overhauling which would have resulted in an increased life of asset. As far as i understand the framework this is a expense which needs to be shown in SOCI as maintenance cost.

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Capitalize or Expense out? - by human - 03-07-2011, 02:06 PM

[No subject] - by danishayub_76 - 03-07-2011, 02:44 PM

[No subject] - by bilalfca - 03-16-2011, 02:27 AM

[No subject] - by Farooq.authorities - 03-17-2011, 09:07 PM

[No subject] - by bilalfca - 04-12-2011, 03:19 AM

[No subject] - by noor4794 - 04-13-2011, 08:50 PM

[No subject] - by Dard - 04-14-2011, 12:37 AM

[No subject] - by basit_namdar - 04-14-2011, 01:58 AM

[No subject] - by Dard - 04-14-2011, 02:51 AM

[No subject] - by basit_namdar - 04-14-2011, 03:01 AM

[No subject] - by basit_namdar - 04-14-2011, 03:09 AM

[No subject] - by bilalfca - 04-14-2011, 05:34 AM

[No subject] - by kamranACA - 04-14-2011, 08:22 PM