Dear sir,
The asseesse is a company,
It purchased fan rs 4000 for office use only.
What it will be treat in books, cap or revenue exp ?
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Capitalised or revenue expenses
Replies (6)
revenue expenses
You can treat the same as capital expenditure no problem
you can treat this capital expenditure..
CAPITAL EXPENDITURE
capital expenditure
If company makes some self policy to maintain some min limit for capitalizeing e. g. Rs 5000, how could we say it in capitalizeing?
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