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Which Head iphone / ipad Mobile Devices can be Classified

Renjith Pillai (2 Points)

06 August 2021  

Could any one please advice which head iphone / ipad Mobile Devices can be Classified under Fixed Asset.  Whether it can be Under Office Equipment or Computers and data processing units (Information System Assets)

 4 Replies

prasad Nilugal (3864 Points)
Replied 06 August 2021

Mobile Phone should be under Office Equipment / Fixed Asset . Asset side Balance sheet . wait for others opinion also .

Sourav (Student) (23917 Points)
Replied 06 August 2021

Show under mobiles

Renjith Pillai (2 Points)
Replied 07 August 2021

Thank you Prasad and Sourav.

But, will iPad also can be considered as like as mobile?   It can also fall under the category of Laptop (like the touch screen Laptop)

Since, there is a thin line between these devices, confusing



Sourav (Student) (23917 Points)
Replied 08 August 2021

Then show it under Computer and claim 40% depreciation

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