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.
Paxal shah (Accounts Manager) (33 Points)
14 April 2015
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.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 14 April 2015
It is better to capitalize considering its value, provided it is for business purpose.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
