Fixed Assets

hot333foodhot333food Just JoinedRegistered Posts: 1
Hi there,

Can someone please help. If a new building is being constructed, what do charges for utility connections come under?

Many Thanks.:001_smile:

Comments

  • welshwizardwelshwizard Trusted Regular South WalesRegistered Posts: 465
    Hi there

    I would have thought that the utility connection costs would be capitalised because they are costs associated with bringing the asset into use.

    But I could be wrong............................. (I am sure someone will tell me if I am).:001_unsure:
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