Page 152 - Office Practice and Accounting 10

29211 Building Cost of building purchase and acquisition including and
purchase covered by building and other elated cost. But the cost of
building construction is not included.
29220 Building Capital expenditure for the construction of building.
construction
29221 Building It includes :
construction • Cost for construction of building, shed and compound
wall.
• Cost of expansion like addition of rooms, story etc.
• Cost for increasing life of building.
29230 Capital It includes
improvement • Cost of construction of public properties.
expenditures • Maintenance of public properties for extending the quality,
and life of assets.
29231 Capital It includes those expenses which are incurred for extending the
improvement life of building but expenses for constructions and expansion
expenditures of size comes under code no. 29221.
building
29300 Furniture It includes capital expenses for the purchase of furniture.
29310 furniture and It includes capital expenses for the purchase of furniture.
fixture
29311 Furniture and It includes the expenses for the purchase of furniture, fixtures
fixture and furnishing.
• Purchase price
• Transport charge, insurance, tax and custom duty.
29400 Vehicle All capital expenses incurred while purchasing all types of
vehicles.
29410 Vehicle All capital expenses incurred while purchasing all types of
vehicles.
29411 Vehicle It includes
• The cost of purchase of vesicles eg. Aeroplane, all kinds of
motor vehicles, bicycles and tractors used for transportation
including animals like bulls, horse, etc.
• Cost of vehicle engine.
• Cost relating to import of vehicles and vehicle engine like,
insurance, transpiration, costume duty etc.
29500 Machinery and Capital expenditures which are incurred while purchasing
equipment machinery and equipment.
29510 Machinery and Capital expenditures which are incurred while purchasing
equipment machinery and equipment.

146 Office Practice and Accounting 10