04-13-2011, 08:50 PM
Well we will not capitalize LCD as it has already been capitalized with the cost of Laptop,
Loss can be recognised if Cost of original LCD is available, however in my point of view that is not available, so we will not capitalize.
Moreover materiality concept should also be brought in.
Loss can be recognised if Cost of original LCD is available, however in my point of view that is not available, so we will not capitalize.
Moreover materiality concept should also be brought in.