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Tell me if the company wants to enhance thier business and
incured the cost on other building (like Buliding Material,
Iron and Others) so we will put it in to the expenses or i
have to put it into the Fixed asset land and buildin by
passing this entry
Land and Building (Dr)
Bank/Cash/Detors) (Cr)
Thanks
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Answer Posted / motilal verma
You are right it should be captalized.
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