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?
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Accounting treatment
Replies (2)
not required to capitalise...
You can account the same in Advertisement and Promotion expenses A/c.
Normaluu any amount <5,000/- need not be capitalised.
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