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Accountancy

If long term loan taken to purchase non monetary items option1 _charged off to profit and loss or option2 _ debit to fixed asset In case of non depreciable asset option2_fcmitd Doubt:is this applicable for may 2022 exam or only option 1 exists


Jaanu Jaanu

Jaanu Jaanu

CA Final

4K+

20-Mar-22 05:32

338

Answers (1)

Applicable


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

20-Mar-22 05:57

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