05 April 2023
"Plant & Machinery" typically refers to the tangible assets used for production or manufacturing purposes, which includes equipment, machinery, and fixtures such as electrical fittings and wiring.
"Furniture Fixtures," on the other hand, usually refers to non-production-related assets, such as chairs, tables, and cabinets used for office or administrative purposes.
Since electrical fittings wiring at a workshop are essential for production or manufacturing purposes, they should be considered as part of the "Plant & Machinery" category for accounting and taxation purposes.
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