All Respected Members,
please educate me in which account should we record used LCD screen of CPU which purchased for office use ?
This is very nominal price so can we expense it out ?
Thanks in advance for your precious time and efforts to reply this query
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AA-51-Recording of Purchase of Used LCD Screen for Office Use
Replies (6)
Quick Summary
Yes. Treat it as spares
AA 51 WHY AA 51
Which purchased for office use ?
--- what about the old screen...??
This is very nominal price so can we expense it out ?
--- value...???
--- what about the old screen...??
This is very nominal price so can we expense it out ?
--- value...???
| Originally posted by : RAJA P M | ||
 |
Which purchased for office use ?--- what about the old screen...??This is very nominal price so can we expense it out ?--- value...??? |  |
Dear Raja PM,
This screen will be connected to CPU which used for preparing documents.
It is 2nd hand item.
I meant its price is very petty around 4k that is why I am thinking to not record it as Assets and expense it out ?
| Originally posted by : Yasaswi Gomes new | ||
|
Yes. Treat it as spares | |
Dear Yassawi Gomes,
Thanks for your reply.
Please let me know can we record it as computer expense or computer accessories under indirect expenses ?
Computer accessories or peripherals would be fine.
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