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May 8, 2024
Question

CATEGORIZING CONSTRUCTION EXPENSES

  • May 8, 2024
  • 0 replies
  • 2 views

Hi,

 

The company invested in warehouse construction to provide product storage and order shipping services to its customers. In which category should we put the amount spent on the construction of the warehouse?

Should this category be place on the Profit & Loss report or on the Balance Sheet?

 

Best.