Regularly used spare parts are usually A. Treated as expense on purchase B. Carried as inventory and
Question:
Regularly used spare parts are usually
A. Treated as expense on purchase
B. Carried as inventory and treated as an expense on consumption
C. Treated as a fixed asset and depreciated accordingly
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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