Whether this can be capitalised ?


This query is : Resolved 

13 October 2014 Dear Sir

We have purchased 'Fire Alarm systems equipment and call point hemmer' amount to Rs.92000/= for our factory.

Kindly advice whether this can be capitalized ? If yes, suggest the proper head.
or shall we debit this to revenue exp ?

Pl advice.
Thanks and regards.
Arun

@VaibhavJ (Expert)
13 October 2014 you can capitalise under Furniture & Fixtures.

Thanks


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