Fixed assets
This query is : Resolved
06 May 2016
Dear sir
Purchase of white board for office use , it will come is in office equipements.
please help me ...
Purchase of white board for office use , it will come is in office equipements.
please help me ...
Sandeep Garg
(Expert)
06 May 2016
i am not sure...i think it do not cost even 2000 (not electronic one). It will be charged to PL. Pls mention full facts.
Thanks
Thanks
Message likes :
1 times
Murtaza I Bhagat
(Expert)
06 May 2016
Yes, you have to charge as Expense if you have small amount investment.
Message likes :
1 times
Sandeep Garg
(Expert)
06 May 2016
i thought some value addition is there in new comment ???????
Message likes :
1 times
Murtaza I Bhagat
(Expert)
06 May 2016
Yes Sandeep sir, If amount is Less than Rs, 5000/- you can charge as expense or if more than 5K then you have to take as fixed assets and charge depreciation @ 15%.
Message likes :
3 times
Neeraj Sharma
(Expert)
07 May 2016
below 5k - office maint. exp.
otherwise -FA furniture
Message likes :
2 times
Sandeep Garg
(Expert)
07 May 2016
Mr Neeraj....there is no further information on this issue by the querist. and what u r telling is already mentioned. What is the need to put unnecessary comments here???? there r so many open queries...better solve them.
Thanks
Thanks
Message likes :
1 times
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