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
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
13 October 2014
you can capitalise under Furniture & Fixtures.
Thanks
Thanks
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