Head of a/c (flat maintenance)

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Querist : Anonymous (Querist)
19 June 2014 if an amount is paid for maintenance of own flat used by company....to which head of account this should be taken...pls someone reply asap.

19 June 2014 If the company uses that Flat for business purpose and the maintenance amount is large in nature then u can capitalized it. And if the amount is small in nature then u can expense it out by posting into Flat maintenance.

20 June 2014 under repair and maintenance of building.


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