AA-62-Electrical Kettle for Office Use

All Respected Members,

Please educate me that if we purchase electrical kettle for office use, what will be nature of this transaction ? Expense or Assets ?

please also share account name under which this transaction will be recorded ?

Thanks in advance for your precious time and efforts to reply this query.
Replies (7)
Quick Summary
This discussion seeks clarification on whether purchasing an electrical kettle for office use should be classified as an expense or an asset. The price of the kettle, specifically if it's under or over £5,000, is a key factor in determining its accounting treatment. Participants are looking for guidance on the appropriate account name for recording this transaction.

Charged item less than 5000 or more . Mention the price.
Originally posted by : sabyasachi mukherjee
opening quote Charged item less than 5000 or more . Mention the price. closing quote

It's of 3'500/=.

Always Useless reply by Mr. Mukherjee
Originally posted by : Sandeep Jain
opening quote Always Useless reply by Mr. Mukherjee closing quote

Dear Sandeep Sir,

If you have answer of above query, Please educate. 

Originally posted by : My Videos
opening quote


Originally posted by : Sandeep Jain



Always Useless reply by Mr. Mukherjee




Dear Sandeep Sir,
If you have answer of above query, Please educate. 
closing quote

Dear Sandeep Sir,

Your kind response awaited.

Originally posted by : My Videos
opening quote


Originally posted by : My Videos



Originally posted by : Sandeep JainAlways Useless reply by Mr. MukherjeeDear Sandeep Sir,If you have answer of above query, Please educate. 




Dear Sandeep Sir,
Your kind response awaited.
closing quote

Gentle Reminder for Sandeep Sir.

Originally posted by : My Videos
opening quote


Originally posted by : My Videos



Originally posted by : My VideosOriginally posted by : Sandeep JainAlways Useless reply by Mr. MukherjeeDear Sandeep Sir,If you have answer of above query, Please educate. Dear Sandeep Sir,Your kind response awaited.




Gentle Reminder for Sandeep Sir.
closing quote

2nd Reminder for Sandeep Sir for Kind Response on Above Query.

 

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