22 September 2009
Hi Dear Sir How To Treat if the Hotel & Restaurent Purchased Some Steel Glasses & Some other Steel Items For Use In Kitchen & For Supplying to Customers These Cost Is Very Less Say About 2000 to 15000 It is An Fixed Asset Or It Can Ba Shown As Direct Expenses If It Is A Fixed Asset What is the Depreciation Please Explain Me Clearly To My E_ Mail ID Sreenath4a@gmail.com
CAclubindia
