Capitalisation of Fire exit light

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1 Points Posted on 15 January 2022

Emergency Exit Light where should be capitalized - 1) Electrical Installation or 2) Building ??

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On 15 January 2022 at 11:43 Report
Replies (4)
Quick Summary
This discussion explores the correct capitalisation for 'Fire Exit Light'. The consensus is that if it's considered a distinct part of the building with significant expenditure, it should be capitalised separately. Otherwise, it should be grouped under electrical installations.

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210 Points Posted on 15 January 2022
If it is part of building then capitalize in building,, if not then in electrical installation
3 Reply
On 15 January 2022 at 12:15
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CA
10436 Points Posted on 15 January 2022
Yes agreed with komal's view
2 Reply
On 15 January 2022 at 13:49
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Chief Accountant
3150 Points Posted on 15 January 2022
If same is Part of building than in building, otherwise in electrical installation.
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On 15 January 2022 at 14:28
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Profession
28267 Points Posted on 16 January 2022
It depends if there is a huge expenditure it's a seperate block, otherwise clubbed with electrical installation.
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On 16 January 2022 at 08:44

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