Fixed asset head

A/c entries 439 views 1 replies

 

I Have Purchased Fire Panel,Smoke Detecter, Camera,Speker System For Amt 60478=00. Please give me advice to it can be capitalize or not. Give advice that which Expenses Head Applicable for these purchased items also.

Replies (1)

It is better to capitalize considering its value, provided it is for business purpose.


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