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Walkie talkie an asset?

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(Querist)
13 August 2012 purchase of walkie talkie should be capitalised or it should be expensed out???
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U S Sharma

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U S Sharma (Expert)
13 August 2012 unless its purchased by corporate for communication purpose, its expenditure.
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SANYAM ARORA

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SANYAM ARORA (Expert)
13 August 2012 Agreed with the reply
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Nachiket Vasantgadkar

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Nachiket Vasantgadkar (Expert)
13 August 2012 I agree th this!
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