Purchase of ups battery assets or expenses


This query is : Resolved 

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Purchase of UPS battery for multiple computers is treated as a fixed asset since it provides benefit over multiple periods. It should be capitalized and depreciated under office equipment.

(Querist)
21 May 2012 sir please tell me purchase of ups battery rs. 15000 for 10 computers treat in assets or expenses

21 May 2012 It is a fixed asset as it will be used for more than one accounting period. capitalise and depreciate it using office equipments rate of depreciation.




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