Copper pipe
This query is : Resolved
22 February 2016
I purchased copper pipe of Rs.5727/-.Where should I take it--under indirect expense or fixed asset?
If it comes under fixed asset,then under which block/head?
If it comes under fixed asset,then under which block/head?
22 February 2016
What is the purpose of purchasing the copper pipe?
23 February 2016
It is purchased with AC & stabilizer for their purpose.
23 February 2016
Then it has to be capitalised along with AC and aggregate amount shall be depreciated according to the rates applicable to AC.
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