Treatment of artificial grass
This query is : Resolved
03 August 2013
Dear Sir,
Whether Artificial Grass should be treated as Fixed assets or Expenditure ?
If it is to be treated as assets under what head artificial grass will fall i.e. Plant & Machinery.
Regards
Anjana Sehgal
Whether Artificial Grass should be treated as Fixed assets or Expenditure ?
If it is to be treated as assets under what head artificial grass will fall i.e. Plant & Machinery.
Regards
Anjana Sehgal
03 August 2013
it is an expenditure as it does not fall within the definition of Fixed asset as it is not producing any revenue to the entity.
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