Purchase of 'routers' for computers
This query is : Resolved
03 July 2014
Dear Sir
We have purchased Routers for computers amounting to Rs.60,000/=. Request to confirm account head for this ?
Shall we debit this to 'Office Equipment a/c' and capitalise? or
shall we debit this to expenses ?
Pl advice urgently.
Thanks
Arun Gaikwad
We have purchased Routers for computers amounting to Rs.60,000/=. Request to confirm account head for this ?
Shall we debit this to 'Office Equipment a/c' and capitalise? or
shall we debit this to expenses ?
Pl advice urgently.
Thanks
Arun Gaikwad
Guest
Guest
(Expert)
03 July 2014
i think computer expenses is better option rather than capitalising it...
how many routers were there in 60000
how many routers were there in 60000
03 July 2014
there are only 2 routers in Rs.60000
Guest
Guest
(Expert)
03 July 2014
ok... so if u want u can capitalise them also if they can be a separate asset
usually we donnt capitalize routers in our books dear
usually we donnt capitalize routers in our books dear
03 July 2014
generally it is expense off in the same year.
otherwise you can capitalized under the computer head and deprecate under income tax @ 60% yearly.
otherwise you can capitalized under the computer head and deprecate under income tax @ 60% yearly.
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