White goods

Registration Certificate
insurance fee
on vehicle its capitalize or not book
Replies (2)
Quick Summary
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).

Large electrical goods used domestically such as refrigerators and washing machines.
@ Kiran.,

Yes... You can account the same in FA.

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