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Site Lab 1a Deenabandu Ltd contracted with a Supplier to purchase a specific Machinery to be installed in Department A in two months bme. Special
Site Lab 1a Deenabandu Ltd contracted with a Supplier to purchase a specific Machinery to be installed in Department A in two months bme. Special Foundations were required for the Plant, to b cost of site preparation and laying foundations were? 47,290 Theso activides were n enbre period, who is employeds r, Theso actividies were supervised by a Technician during the uired for the Plant which were to be prepared within this supply lead time. The . The Technician's Services were given to incurred to bring the Machine to the Company made the payment in the 2nd month. Th for this purpose of DepartmentA by Depart ent B which bill dthe services at? 1650 per month after adding 10% proht margin. The Mochine was purchased at 54 8912018590 Transportation Charges were in Factory. An Architect was engaged at a fee of 19000 to supervise machinery ins tallation a 15000 per month payment under the invoice was duo in 3 months. However, the Company operates on Bank Overdraft @ 11%. Ascertain the amount at which the Asset shou under Ind AS-16 ld be recognised as PPE 4.24
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