Accounting for Repair & Maintenance
This query is : Resolved
16 July 2011
Dear All,
Need to confirm if expenses booked under the head Repairs & Maintenance are only for expenditure done on fixed assets owned by the organisation.
Please revert urgently...
Need to confirm if expenses booked under the head Repairs & Maintenance are only for expenditure done on fixed assets owned by the organisation.
Please revert urgently...
Aditya Maheshwari
(Expert)
16 July 2011
can be in respect of any assets used by the company also.
16 July 2011
Dear Aditya,
Is it possible that operational expenditure other than expenses on assets is booked under R&M?...
Is it possible that operational expenditure other than expenses on assets is booked under R&M?...
Aditya Maheshwari
(Expert)
16 July 2011
would depend upon the nature of expenses.
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