purchase of water purifier - UV techonology45000 comes under which head , Pls let me know.
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It should be come under fixed asset. Because it is capital revenue expenditure.
To be capitalized.
Ya its a Fixed Asset. You can also sub classified it under - Staff Welfare Equipments.
it comes under the head fixed assets.
ya its comes under Fixedd asset......
hence it should be capatilised
Dear Suresh,
Its depend upon the life of the assets,
If the life of the assets is more than one accounting year than it has to be capitalized, otherwise charged p&l a/c
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