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Fixed assets

5832 views 6 replies

Dear Sir,

I have the following query with respect to fixed assets. Firstly whether the following items can be classified as fixed assets and if yes then what should they be grouped under as per companies act 2013.

1)Table 2) Chair 3)Ceiling Fan 4)Table Fan 5)Tube light 6)Air Conditioner 7) Cooler 8)CCTV Cameras 9)Fax Machine 10)Printer 11)Router

Replies (6)
Yes all are fixed assets.
Agree with Ankita ..
all r fixed assets

Ok, then what should they be grouped under?

Except fax machine, printer, router all other are eligible under furniture and fittings.
also, camera can be grouped under plant and machinery only or if more convenient under computer

So where will fax machine printer and router be grouped under? Besides I did not understand the logic behind grouping CCTV camera under plant and machinery or computer..Isn't it to be grouped under office equipment?

under the head of furniture and fixture

 


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