Tally head

DEAR SIR,
OUR COMPANY PURCHASE A WATER METER OF RS. 1100. PLEASE CLARIFY FOR LEDGER HEAD OF EXPENSES OR FIXED ASSETS.

Replies (2)
Miscellaneous Expense or Factory Expense. Amount is small so do not capitalise.

FIRST PLEASE DISCLOSE FOR WHICH PURPOSE YOU HAVE PURCHASE WATER METER AND WHAT IS YOUR BUSINESS

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