Battery purchase
This query is : Resolved
10 December 2011
Respected Sir,
A Firm has purchased battery for Office Compuetr and Light Backup Warranty 18 Months.The Cost of Battery is Rs.24000.00 Should it be capitalised or taken to expenses.
A Firm has purchased battery for Office Compuetr and Light Backup Warranty 18 Months.The Cost of Battery is Rs.24000.00 Should it be capitalised or taken to expenses.
10 December 2011
The life of the battery will be few years normally irrespective of the warranty period hence to be capitalized as per my view
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