Fixed Asset Accounting.

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sandeep (Querist)
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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

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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

sandeep (Querist)
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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