Fixed Assets

Yes, they can be clubbed, provided the depreciation rates are the same...they can be discosed as fur and OE

no need to show them separately............ you may club them in the balance sheet.............

Appear as a clubbed figure in balance sheet............but has to be valued separately i.e, to be shown separately in fixed asset register for depreciation purpose..........!!!

hi

you better do  show the separte furniture  and Office equipments it is very useful for you when your required the Deletion of the furniture and office equipments claim the separately otherewise clubbed the both means it called block Assets either furniture nor office equipments lost/loss/theft you can't claim the separtely that way you show both assets separtely it is better for the future.

hi

you better do  show the separte furniture  and Office equipments it is very useful for you when your required the Deletion of the furniture and office equipments claim the separately otherewise clubbed the both means it called block Assets either furniture nor office equipments lost/loss/theft you can't claim the separtely that way you show both assets separtely it is better for the future.

hi

you better do  show the separte furniture  and Office equipments it is very useful for you when your required the Deletion of the furniture and office equipments claim the separately otherewise clubbed the both means it called block Assets either furniture nor office equipments lost/loss/theft you can't claim the separtely that way you show both assets separtely it is better for the future.

Hi All,

In my opinion the furniture and fixtures and the office equipments cant be merged and shown together because the rate of depreciation of both are different (i.e.. 18.10% and 13.91% respectively)

So, we have to show them separately.

I hope it clarifies your doubt...