We have installed the CCTV camera in our factory, now in which head we have to take the entry in our account. Is this under expenses or capitalised account. We have expenses of Rs.55000/-.
Pls reply me early....
Dilip Patel (Director) (71 Points)
18 September 2013We have installed the CCTV camera in our factory, now in which head we have to take the entry in our account. Is this under expenses or capitalised account. We have expenses of Rs.55000/-.
Pls reply me early....
Samrendra
(Asst. Manager- Internal audit)
(221 Points)
Replied 18 September 2013
Expenses on CCTV camera should be capitalised under Furniture & Fitting.
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