expenses

This query is : Resolved 

12 February 2010 pls tell me for a company pen drive and hard disk purchase is consider as exp. or anything else if its use for company purpose.
pls help me out.pls pls.

12 February 2010 Dear Vinu,

Keep the items under expenses as the assets below 5000/- need not be taken in assets.

regards

12 February 2010 can be charged against revenue instead of capitalisation


12 February 2010 Yes.below Rs.5000 value can be charged off expenses



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