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Fixed Asset Accounting.

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(Querist)
21 October 2020 Sir/ Madam.

If we have purchase a new Air Conditioner and top-up gas in to the same then the topping of gas to be include in Air Conditioner cost and capitalized the same or gas topping book as the maintenance cost?
Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 October 2020 New air-conditioner top up to be done by supplier free of cost. Deduct the amount to supplier payment.
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sandeep

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sandeep (Querist)
21 October 2020 Thanks SEETHARAMAN sir,

In Our case AC supplier and installer are two different vendors. Can you please advice the accounting treatment for Gas top-up.

Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 October 2020 Capitalise it being the new one.
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