Kitchen equipment purchase
This query is : Resolved
12 September 2012
Dear
Kitchen equipment purchase for amt Rupees Below 10000. IS it comes under Fixed Assets
More over broken items like Plates, Cup, Soup bowl. Is this comes under fixed Assets
Kindly reply
Kitchen equipment purchase for amt Rupees Below 10000. IS it comes under Fixed Assets
More over broken items like Plates, Cup, Soup bowl. Is this comes under fixed Assets
Kindly reply
CA Sripal Jain
(Expert)
12 September 2012
kindly mention what is the companies business?? say i assume it is an hotel business ,so it shal be classified as fixed assets,if not treat it as consumables and expense it out
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CA Navin Jain
(Expert)
12 September 2012
1. Treated fixed assets
2.Plates cup and bowl will be trated as operational exp.
as per hotel industry.
2.Plates cup and bowl will be trated as operational exp.
as per hotel industry.
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