Fixed asset

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2018 Dear expert,

The company has taken office on lease for 5 years. and is doing interior work to extent of 25 lacs.
break up as under -
1.electrical work 6 lac
2 Ac work 6 lac
3 glass work 4 lac
4 pantry unit 0.5 lac
5 carpentry work 1.58 lacs
6 modular furn7 lac
7 Architect fee 10% of above exp.

What is the a/c treatment.pl guide.

05 June 2018 The expenditure appears to be revenue expenditure.


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