Accounting head
This query is : Resolved
05 July 2014
Purchase of Bed sheets for a Hotel Industry should be charged under which head, and if charged as fixed assets it"s treatment for depreciation.
05 July 2014
As per me treat it as fixed assets. Book it under Furniture & Fixture Head(Block).
Other experts views will also b appreciated.
Other experts views will also b appreciated.
05 July 2014
Charge it to P/L. Any asset of Rs 5000/- or below can be charged to P/L account.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Payment to foreign customer
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- REGARDING SECTION 44AE
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
