Mobile purchased where to charge
This query is : Resolved
07 April 2014
Mobile purchased in Feb-2014 for Rs.12500/- whether it is permissible to charge it to P&L A/c as an expense in case of proprietorship business?
07 April 2014
you can show it as fixed assets also in bal sheet and can claim depreciation.
07 April 2014
U can show it under Fixed Assets under Balance Sheet & can claim Depreciation
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