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Capital or Asset A/C

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(Querist)
16 January 2021 In our firm we have purchased Interior Item Around 5000. in this scenario the expenses should go o which account.
Capital Account Or Asset account or Indirect Expenses
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 January 2021 Charge it to indirect expenses.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
17 January 2021 IT IS TO BE CONSIDERED AS EXPENSES




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