Air Condition
This query is : Resolved
08 April 2011
A Propritor has purchased A.C. Rs.26000.00 and its installed at his Home.
his Prop.Shop is not in his home its away from his house.
Can the Air Cond A/c capitilised as fix asset OR Shown to Drawing.
Please Reply.
his Prop.Shop is not in his home its away from his house.
Can the Air Cond A/c capitilised as fix asset OR Shown to Drawing.
Please Reply.
08 April 2011
can not capitalised
shown to drawing only.
bcz. personal expenses can not charge to business.
shown to drawing only.
bcz. personal expenses can not charge to business.
08 April 2011
Theoretically it should be drawings but practically ...............
08 April 2011
also it will be drawings
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