1.

Explain Capitalization Of Internal, External Asset?

Answer»

Asset BECOMES capitalised when it is bought for PROFIT motive, as an INVESTMENT, and most important : when it is used.

Asset available WITHIN an organisation - INTERNAL Asset.

Asset where they are present physically out of organisation - External Asset.

Asset becomes capitalised when it is bought for profit motive, as an investment, and most important : when it is used.

Asset available within an organisation - Internal Asset.

Asset where they are present physically out of organisation - External Asset.



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