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what is capital work in progress?

Answer Posted / n.veeranjaneyulu

IF ANY PAYMENT/ADVANCE MADE TO ACQUIRE THE FIXED ASSET AND
WHICH IS NOT READY TO USE IN THE BUSINESS IS CALLED CAPITAL
WORK-IN-PROGRESS AND IT WILL SHOWN UNDER CURRENT ASSETS,
LOANS AND ADVANCES

Is This Answer Correct ?    11 Yes 9 No



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