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    kkadam12's Avatar
    kkadam12 Posts: 3, Reputation: 1
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    #1

    Jan 31, 2010, 07:05 PM
    A machine is bought at the first of the year is oil and lubrication to be used with a
    A machine is bought at the first of the year is oil and lubrication to be used with macinery during the first year of operation included as a related expenditure?
    kkadam12's Avatar
    kkadam12 Posts: 3, Reputation: 1
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    #2

    Jan 31, 2010, 07:06 PM

    A machine is bought at the first of the year is oil and lubrication to be used with macinery during the first year of operation included as a related expenditure?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
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    #3

    Jan 31, 2010, 10:16 PM

    If oil and lubrication is used after start of business, it is expense. Before start of business, it is capital expense to be amortized.
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