Hi,
Whether the purchase of signage boards by the company amounting to Rs 2000/- shall be capatilized?
.............if yes under which head?
............and if no then which expense need to be booked for the above?
shreyans jain (ABC) (192 Points)
09 March 2012Hi,
Whether the purchase of signage boards by the company amounting to Rs 2000/- shall be capatilized?
.............if yes under which head?
............and if no then which expense need to be booked for the above?
ACMA Obulirajan R
(M.Com, ACMA)
(1119 Points)
Replied 09 March 2012
not required to capitalise...
You can account the same in Advertisement and Promotion expenses A/c.
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 17 March 2012
Normaluu any amount <5,000/- need not be capitalised.
CAclubindia
