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Fixed asset

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(Querist)
27 March 2014 where i can book purchase of refrigeration, washing m/c, curtain, mattress, LED, for guest house
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
27 March 2014 curtain n matress can exp in p n l and led and fridge and washing machine under fix assets.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 March 2014 everything can be capitalized...mattresses/curtains too last for more than a year and rarely come less than Rs 5000...so there is nothing to warrant transfer to profit & loss A/c
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Rahul

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Rahul (Querist)
22 April 2014 thanks. i have capitalized all items
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 April 2014 you are welcome Rahul..
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