Selfie Stick purchased by construction company for their business.
It should treated as fixed asset or expense?.
It should be treated as expense.
| Originally posted by : Vikas Chauhan | ||
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Selfie Stick purchased by construction company for their business.It should treated as fixed asset or expense?. |  |
Yes You can book it under FA. But., If value is lesser then Better to account in PandL as per Mr Kumar Sushank view.
Aggarwal Sarawagi and Co
New Delhi
CA
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Shaswat initial support private limited
Ahmedabad
CS
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T R SOOD & CO
New Delhi
CA Inter
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O P Bagla & Co LLP
New Delhi
CA Inter
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Karia Overseas
Ahmedabad
CA
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CAclubindia
