Lab furniture - capitalization help needed urgent
This query is : Resolved
08 August 2016
Our society purchased Lab Furniture from Chennai. It includes
Fume Cupboard (motorised equipment with exhaust) Rs.142500/-
Wall Table Rs.46,000/-
Island Table with sink- Rs.198500/-
Is this comes under Furniture & Fittings or to group under any other ? Kindly help
Our society purchased Lab Furniture from Chennai. It includes
Fume Cupboard (motorised equipment with exhaust) Rs.142500/-
Wall Table Rs.46,000/-
Island Table with sink- Rs.198500/-
Is this comes under Furniture & Fittings or to group under any other ? Kindly help
10 August 2016
It would be considered as part of furniture and fixture.
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