White goods

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accountant
461 Points Posted on 15 January 2020
Registration Certificate
insurance fee
on vehicle its capitalize or not book
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On 15 January 2020 at 20:54 Report
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This discussion clarifies whether the insurance fee associated with vehicle registration, specifically concerning 'white goods' (large domestic appliances like refrigerators and washing machines), should be capitalised. The consensus is that yes, this insurance fee can indeed be accounted for within Fixed Assets (FA).

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19 Points Posted on 15 January 2020
Large electrical goods used domestically such as refrigerators and washing machines.
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On 15 January 2020 at 21:02
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"Do the Right Thing...!!!"
128162 Points Posted on 15 January 2020
@ Kiran.,

Yes... You can account the same in FA.
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On 15 January 2020 at 22:12

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