Repairs and maintainence

It is a common practice among companies to show it under Purchase of maintenance materials. Consumption of these materials (opening balance + purchases - closing balance) it treated as Repairs and Maintenance cost. Balance of materials at the year end is shown under inventories (closing stock) under consumables and stores.

if material purchased for the imrovment of Fixed assets that will be taken under the fixed asset (if addition is helps in increasing the production activity beyond the normal activity) , if material used in normal production or recurring activity that will be taken under profit and loss account.