Earphone Purchased for Employee Asset or Expense
This query is : Resolved
DEEPAK ADHIKARI
(Querist)
16 December 2020
Sir/madam,
Our Co. has purchased earphone for an employee worth Rs.10000/- should I treat them as expense or asset ?
Our Co. has purchased earphone for an employee worth Rs.10000/- should I treat them as expense or asset ?
CA R SEETHARAMAN
(Expert)
16 December 2020
Treat it as expenses as asset not available with company. Treat it as employees welfare expenses.
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