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Accounting treatment

This query is : Resolved 
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(Querist)
28 February 2014 company paid rs 25000 annualy on computer server plz tell whether this amount is capitalized or not
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Sandeep Dharar

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Sandeep Dharar (Expert)
28 February 2014 It should be debited to Computer Maintenance & should not b capitalized.
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Vishnu Saboo

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Vishnu Saboo (Expert)
28 February 2014 this must be charged in Repair and Maintenance, since this seems AMC.
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