Fix assets

This query is : Resolved 

15 February 2010 Purchase of additional ram for Computer to be added to fix assets or expense out to P&L?

Thanks

Best Regards
Ashwini

15 February 2010 U may add to fixed assets
or else u may treat it as expense because it may not cost much.
Better u capitalise as it increases the efficiency of the computer.

16 February 2010 My view if it is less than Rs.5000/ better you take expenses




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