Extension cord for laptop ,which head it comes.

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34 Points Posted on 27 February 2023

Hii,

Extension cord purchased for laptops treated under which head in tally.Please advise me in this regard.

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On 27 February 2023 at 16:13 Report
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Quick Summary
This discussion clarifies how to account for a laptop extension cord in Tally. Depending on its use, it can be treated as a repair and maintenance expense or capitalised as part of the laptop's carrying amount under AS10.12 if it contributes to revenue generation.

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73 Points Posted on 27 February 2023
Hi Sruthy are you asking about account head right???
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On 27 February 2023 at 17:09
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Practising CA
8954 Points Posted on 27 February 2023
Repairs and Maintenance
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On 27 February 2023 at 22:02
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Finance
4592 Points Posted on 28 February 2023

If the laptop is used for production or to generate revenues, it is added to the carrying amount of laptop AS10.12

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On 28 February 2023 at 21:10

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