Capitalize or Expense out?

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Capitalize or Expense out?

human
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#1

03-07-2011, 02:06 PM

A laptop costs Rs 50,000. After few months of its purchase its LCD gets damaged and the replacement of LCD costs Rs 20,000.

Should we expense out or capitalize the new LCD?
If we capiatalize what should we do with the cost of old LCD as the laptop has been capitalized as a whole previously.

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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