Purchase of mobile
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2013
A mobile phone of Rs.34500/- was purchased a few days back and the amount was claimed from Cash in Hand. Should I show it in the Fixed Assets or General Expenses?
03 January 2013
It is crosed the maximum amount of Rs.5000/- hence it should be shown as fixed assets only.
Message likes :
1 times
03 January 2013
hey
should be capital exp only. If you claim revenue exp then it exceeds 20K
Thanks!!
should be capital exp only. If you claim revenue exp then it exceeds 20K
Thanks!!
Message likes :
1 times
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