Question

A club purchased a refrigerator for Rs.8000 and spent Rs.600 on stabilizer and 400 on its electric

fittings. The refrigerator should be capitalised for:​

Answer 1

Answer:

refrigerator ac dr9000

to cash ac9000

(being refrigerator purchased)

Explanation:

there is one theory related on this question when expenses that are made on installing, or any other things the cost of every expense will be added to the cost of asset.. and refrigerator is your asset