Accounting of natural airvent

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Ashvin (Querist)
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05 December 2014
we have paid 24K for Natural Airvent. What will be the accounting entry. Air ventilation for office.
is it fixed assets?

Vinod

CA Devanand Jethanandani (Expert)
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05 December 2014 Yes it is fixed asset.

Entry
Air Ventilation Dr.
To bank / cash Cr.

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